Kathmandu. Securities Board of Nepal (SEBON) has released the ‘Nepal’s Capital Market Development Guide-2083’.
The roadmap presents a 10-year plan for capital market development and reform. Sebon aims to increase its market capitalization to more than 150 percent of GDP.
Through the roadmap, Sebon has also recommended to the Ministry of Finance to implement the preliminary decision of the 10-year plan.
What’s in the 10-TAG_OPEN_strong_43 year plan?
Immediate (within first 100 days)
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- Contemporary improvements to the Primary Market Clearance System
- Establishing a Capital Market Reforms Implementation Unit
- Initiating institutional restructuring of SEBON, NEPSE and CDSC
- Vision 2036 Implementation Task Force to be formed.
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Within the first two years
- Conducting the Corporate Bond Market
- Setting up SME Exchange
- Applying the Green Bond Framework
- AI-based Market Surveillance Operations
- National Investor Education Campaign.
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Within five years
- REITs, ETFs, InvITS
- Private Equity and Venture Capital Framework to fully implement
- Qualified Foreign Institutional Investors (QFIIs) entered
- Digital Capital Markets Platform to be fully operational
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To establish a Capital Market Research Institute.TAG_OPEN_li_48
by 2036
- Market capitalization to more than 150% of GDP
- More than 500 companies listing
- Making the corporate bond market the main source of finance for the economy
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To establish Nepal as a competitive and modern capital market in South Asia.TAG_OPEN_li_44
