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Budget 2083/84: NEPSE restructuring to be forwarded

Artha Sarokar

Kathmandu. KATHMANDU: The government has decided to restructure the Nepal Stock Exchange (NEPSE).

Presenting the budget for the coming fiscal year 2083/84 in the joint meeting of the federal parliament, Finance Minister Dr Swarnim Wagle said that NEPSE would be restructured and instruments like ‘intraday’, ‘shortselling’ and ‘derivative’ would be introduced in a phased manner.

Likewise, capacity building of regulators, technology-friendly trading system and investor protection mechanism would be strengthened to make the capital market dignified and investment-friendly.

Finance Minister Wagle has said that the government will adopt a zero-tolerance policy against undesirable activities in the capital market such as share cornering and insider trading.

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