Nepali companies listed in the local stock market will now be allowed to list in foreign stock markets. Finance Minister Dr. Swarnim Wagle announced this big news while presenting the budget for the upcoming fiscal year 2083/84 B.S. in the joint meeting of the Federal Parliament.
According to the budget speech, these companies will able to list in foreign market after completing some fixed procedures. The government will make arrangements for Nepali companies to issue ‘Global Depositary Receipts’ so they can easily join the international stock market.