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2026-05-31 10:15:37 am | Source: ANI
Nepal`s first budget after Gen-Z protests focuses on growth, FATF grey list removal
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Nepal`s first budget after Gen-Z protests focuses on growth, FATF grey list removal

Nepal has unveiled a NRS 2.124 trillion budget for fiscal year 2026-27, focusing on economic recovery, investment promotion and removal from the Financial Action Task Force (FATF) grey list. Presenting the budget in Parliament, Finance Minister Swarnim Wagle outlined reforms aimed at strengthening financial governance, improving credit ratings and achieving 7 per cent economic growth. Nepal was placed back on the FATF grey list in February 2025 and aims to implement key anti-money laundering measures to secure an early exit. The budget also introduces hedging services for foreign loans and investments to reduce exchange-rate risks and create a more favourable economic environment.

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