Kathmandu, April 27 -- The government is preparing to set up a 'Revolving Fund' to return deposits of savers trapped in troubled cooperative institutions. With the publication of the Procedures for the Establishment and Operation of the Revolving Fund for Returning Savings of Members of Troubled Cooperative Institutions 2026 in the Nepal Gazette on Thursday, the legal and administrative framework for establishing the fund has been completed.

The government brought the procedures to implement point 99 of the hundred-point agenda approved by the Council of Ministers meeting on March 27, 2026. The agenda aims to ensure immediate repayment of savings to members of troubled cooperatives. The fund will be operated under the Problematic Coopera...