Government to Formulate Law on Credit Recovery

Finance Minister Swarnim Wagle announced several economic initiatives in the annual budget for fiscal year 2083/084, including bringing sick projects into operation through DDA, issuing Telecom's FPO by Poush, selling Nepal Telecom shares, establishing a Motherland Fund for an AI factory, enacting intellectual property protection laws, and allowing Nepalis to invest abroad. The first budget speech of the Balen-led government also began.