Govt plans sovereign wealth fund by utilizing foreign currency reserve
The government has forwarded a plan to set up a sovereign wealth fund by utilizing foreign currency reserves.Presenting the budget for the upcoming fiscal year, 2026/27 in the joint meeting of the federal parliament today, Finance Minister Dr Swarnim Wagle said that artificial intelligence (AI), clean energy, digital infrastructures and financial sector reform were in government priority. A strategic plan is afoot to develop Nepal as a regional technical hub, he shared.The climate fund would be
