KATHMANDU: Presenting the federal budget for Fiscal Year 2026/27 before a joint session of the Federal Parliament on Friday, Finance Minister Dr. Swarnim Wagle unveiled sweeping financial and regulatory modifications to optimize national capital and attract foreign investors.
In a first-of-its-kind monetary strategy, the government has announced a policy to mobilize a portion of Nepal’s foreign exchange reserves through a newly envisioned Sovereign Wealth Fund.
This capital mobilization will be activated given the country’s currently comfortable reserve position, which sits at a historic high of approximately Rs 3.494 trillion.
To dramatically improve the foreign investment landscape, the budget introduces an ease-of-exit policy for international capital.
Foreign investors will no longer be required to obtain prior approval from the central bank, Nepal Rastra Bank, to repatriate their investment returns or capital from the country.