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.
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