Nepal, May 2 -- The government has announced the establishment of an Alternative Finance Fund for resource management in the upcoming Fiscal Year (FY) 2025/26.

Legal provisions for the fund are currently being finalized, and the bill has already been registered in Parliament.

Related story Govt to set up Rs 100 billion Alternative Finance Fund

President Ramchandra Paudel revealed the plan while presenting the government's policies and programs for the new fiscal year. He also stated that the bill for operating the alternative development finance fund will be passed in the ongoing parliamentary session.

Published by HT Digital Content Services with permission from Republica....