Monday, August 31st, 2026

Nepal introduces sovereign wealth fund, eases foreign investment exit rules



KATHMANDU: Finance Minister Dr. Swarnim Wagle announced wide-ranging financial and regulatory reforms aimed at strengthening capital mobilization and attracting foreign investment while presenting the federal budget for Fiscal Year 2026/27 before a joint sitting of the Federal Parliament on Friday.

A key highlight of the budget is a new policy to channel a portion of Nepal’s foreign exchange reserves into a proposed Sovereign Wealth Fund. The government said this initiative will be supported by the country’s strong reserve position, which currently stands at a record level of around Rs 3.494 trillion.

To further improve the investment climate, the budget also introduces measures to simplify exit procedures for foreign investors.

Under the new framework, foreign investors will no longer need prior approval from Nepal Rastra Bank to repatriate profits or return capital from Nepal.

Publish Date : 29 May 2026 17:23 PM

Today’s News in a Nutshell

KATHMANDU: Khabarhub brings you a glimpse of major developments of

WHO provides $150,000 worth of emergency health supplies for flood-affected communities

KATHMANDU: The World Health Organization (WHO) has provided emergency health

PM Balendra Shah says government committed to protecting every citizen’s life

KATHMANDU: Prime Minister Balendra Shah has said the government is

Trucks stranded in Kalanki after flood damages road at Krishnabhir

KATHMANDU: Trucks and other cargo vehicles heading out of Kathmandu

Rabi Lamichhane warns RSP lawmakers against publicity stunts in flood-hit areas

KATHMANDU: Rastriya Swatantra Party (RSP) Chair Rabi Lamichhane has expressed