Nepal's first budget since Gen-Z protests eyes exit from FATF grey list, targets 7% growth
Kathmandu, May 29 -- Nepal on Friday unveiled its budget of NRS 2.124 trillion for the fiscal year 2026-27, the first since last year's Gen-Z protests in September, with a key focus on exiting the Financial Action Task Force (FATF) grey list and achieving 7 per cent economic growth.
Nepal's Finance Minister Swarnim Wagle presented the annual budget in the Federal Parliament, outlining wide-ranging fiscal, financial, and sectoral reforms aimed at strengthening governance, boosting investment, and accelerating economic recovery.
The government reiterated its commitment to strengthening financial discipline and regulatory compliance to ensure Nepal's early removal from the grey list.
"To reduce the exchange risk in planning foreign loans ...
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