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SEBON urges government to make decision on new stock exchange licensing process

SEBON urges government to make decision on new stock exchange licensing process

KATHMANDU

The Nepal Stock Exchange Board has requested that the government make a necessary decision about the new stock exchange.

The meeting of the board’s executive committee on Friday morning decided to request the government make a necessary decision for the licensing process. The board will request that the Ministry of Finance make a decision on the new stock exchange.

The Ministry of Finance had previously sent a letter to the government through the Ministry of Finance, requesting a necessary decision on the subject of the new stock exchange. However, it was also looking for a clear answer on whether further study is necessary for the new stock exchange.

Accordingly, the Ministry of Finance sent the letter back to the board to make it more clear before it was presented to the Cabinet.

Accordingly, the decision to send a clear answer to the government, including the answer that further study is not necessary, was made at the meeting of the board’s executive committee held on Friday.

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