NEPSE Restructuring Report Approved by Cabinet, Formal Capital Market Reform Begins

The Government of Nepal’s Council of Ministers has approved the long-awaited NEPSE Restructuring Report, marking a significant milestone in Nepal’s capital market reform. Prepared by a committee led by Prakash Jung Thapa, the report outlines a comprehensive roadmap to transform the Nepal Stock Exchange into a more professional, technology-driven, and commercially independent institution. Finance Minister Rameshwar Khanal endorsed the report following growing public and investor pressure, including an open letter urging its release. The report proposes five key pillars: capital expansion, induction of a strategic foreign partner, gradual divestment of government ownership, restructuring of the board with independent experts, and major upgrades in trading technology and market infrastructure. Although its formal publication may take a few days, the approval itself signals the government’s commitment to long-term capital market reform and investor confidence.