Provision of a revolving fund to refund the money of the savers of the problematic cooperatives
▸ Part of: Nepal's Budget Increases Capital Gains Tax, Boosts Insurance Sector, and Reforms EV Policies
The government has announced the effective mobilization of the Integrated Depositors Security Fund to return money to savers of troubled cooperatives. Finance Minister Dr. Swarnim Wagle stated that a revolving cell will be established to prioritize the process of returning funds to savers from crisis-hit cooperatives, aiming to purify the sector and protect depositors.
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