{"id":295403,"date":"2026-04-16T08:50:48","date_gmt":"2026-04-16T03:05:48","guid":{"rendered":"https:\/\/insurancekhabar.com\/?p=295403"},"modified":"2026-04-16T08:55:13","modified_gmt":"2026-04-16T03:10:13","slug":"what-are-the-agendas-of-insurance-and-financial-sector-reforms-in-the-governments-good-governance-roadmap-2","status":"publish","type":"post","link":"https:\/\/english.insurancekhabar.com\/what-are-the-agendas-of-insurance-and-financial-sector-reforms-in-the-governments-good-governance-roadmap-2\/","title":{"rendered":"What are the agendas of insurance and financial sector reforms in the government&#8217;s &#8216;Good Governance Roadmap&#8217;?"},"content":{"rendered":"<p>Kathmandu. <span data-path-to-node=\"0,1\">The &#8216;Good Governance Roadmap, 2082&#8217; recently released by the Government of Nepal contains important strategies and action plans for the improvement of the insurance and financial sector <\/span><\/span><span data-path-to-node=\"0,3\">}.<span class=\"citation-51\">This document points out the structural problems in the financial sector and proposes various reform measures to solve them. <\/span><\/p>\n<div id=\"model-response-message-contentr_b2840f6be504144e\" class=\"markdown markdown-main-panel enable-updated-hr-color\" dir=\"ltr\" aria-live=\"polite\">\n<p><p id=\"p-rc_82751be886742689-20\" data-path-to-node=\"4\">The <span data-path-to-node=\"4,2\"> roadmap specifically focuses on financial access, insurance protection, and capital markets modernization. <\/span><\/p>\n<\/p>\n<p><p id=\"p-rc_82751be886742689-21\" data-path-to-node=\"5\"><span data-path-to-node=\"5,0\"><b data-path-to-node=\"5,0\" data-index-in-node=\"0\">1. Challenges and Reform Plans in the Financial Sector: <\/b><\/span><span data-path-to-node=\"5,2\"><span class=\"citation-49\"> The Roadmap identifies the main challenges of the financial sector as weak regulatory capacity, increasing non-performing loans and limited access to finance in rural areas<\/span><\/span><span data-path-to-node=\"5,4\">}. The following points are mentioned in the documentation to solve these problems: <\/span><\/p>\n<\/p>\n<ul data-path-to-node=\"6\">\n<li>\n<p><p id=\"p-rc_82751be886742689-22\" data-path-to-node=\"6,0,1\"><span data-path-to-node=\"6,0,1,0\"><b data-path-to-node=\"6,0,1,0\" data-index-in-node=\"0\"><span class=\"citation-48\">End of debt centralization{<\/span><\/b><span class=\"citation-48\">}: End the trend of lending to a limited sector and diversify investment <\/span><\/span><span data-path-to-node=\"6,0,1,2\">}. <\/span><\/p>\n<\/p>\n<\/li>\n<li>\n<p><p id=\"p-rc_82751be886742689-22\" data-path-to-node=\"6,0,1\"><span data-path-to-node=\"6,1,1,0\"><b data-path-to-node=\"6,1,1,0\" data-index-in-node=\"0\"><span class=\"citation-47\">Digital Payments &amp; Access{<\/span><\/b><span class=\"citation-47\">}: Strengthening the digital payment system and expanding financial literacy and access to the village level <\/span><\/span><span data-path-to-node=\"6,1,1,2\">}. <\/span><\/p>\n<\/p>\n<\/li>\n<li>\n<p><p id=\"p-rc_82751be886742689-22\" data-path-to-node=\"6,0,1\"><span data-path-to-node=\"6,2,1,0\"><b data-path-to-node=\"6,2,1,0\" data-index-in-node=\"0\"><span class=\"citation-46\">Financial Discipline<\/span><\/b><span class=\"citation-46\">}: Integrate all economic activities of government and public bodies into the banking system and maintain financial discipline. <\/span><\/span><span data-path-to-node=\"6,2,1,2\">. <\/span><\/p>\n<\/p>\n<\/li>\n<\/ul>\n<p><p id=\"p-rc_82751be886742689-22\" data-path-to-node=\"6,0,1\"><b data-path-to-node=\"7\" data-index-in-node=\"0\">2. Assurance of Insurance and Deposit Security<\/b><\/p>\n<\/p>\n<p>}<\/p>\n<p><p data-path-to-node=\"7\">In view of the crisis in the cooperative and financial sector, the roadmap proposes a special provision to protect the interests of savers and insured: <\/p>\n<\/p>\n<ul>\n<li>\n<p><p id=\"p-rc_82751be886742689-25\" data-path-to-node=\"8,0,1\"><span data-path-to-node=\"8,0,1,0\"><b data-path-to-node=\"8,0,1,0\" data-index-in-node=\"0\"><span class=\"citation-45\">Savings Withdrawal and Security Fund<\/span><\/b><span class=\"citation-45\">}: Immediate reform measures such as the issuance of &#8216;Savings and Credit Security Fund&#8217; and &#8216;Cooperative Debentures&#8217; have been put forward for the protection of deposits and withdrawal of savings in the co-operative sector <\/span><\/span><span data-path-to-node=\"8,0,1,2\">}. <\/span><\/p>\n<\/p>\n<\/li>\n<li id=\"p-rc_82751be886742689-25\" data-path-to-node=\"8,0,1\"><span data-path-to-node=\"8,1,1,0\"><b data-path-to-node=\"8,1,1,0\" data-index-in-node=\"0\"><span class=\"citation-44\">Social Security and Grants{<\/span><\/b><span class=\"citation-44\">}: A strategy has been adopted to link the social security and grants given by the state to the productive sector and to scientifically manage its financial obligations <\/span><\/span><span data-path-to-node=\"8,1,1,2\">. <\/span><\/li>\n<\/ul>\n<p><span data-path-to-node=\"9,0\"><b data-path-to-node=\"9,0\" data-index-in-node=\"0\">3. Capital Markets and Investment Promotion: <\/b>Capital{<\/span><span data-path-to-node=\"9,2\"><span class=\"citation-43\"> Diversification of financial instruments and increased participation of institutional investors is aimed at developing the market <\/span><\/span><span data-path-to-node=\"9,4\">}. <\/span><span data-path-to-node=\"9,6\">{<span class=\"citation-42\"> In addition, there are plans to transform the Investment Board into a more autonomous and specialized body to facilitate the inflow of large investments into <\/span><\/span><span data-path-to-node=\"9,8\">}. <\/span><\/p>\n<p><p id=\"p-rc_82751be886742689-28\" data-path-to-node=\"10\"><span data-path-to-node=\"10,0\"><b data-path-to-node=\"10,0\" data-index-in-node=\"0\">4. Public Finance Management and Transparency: <\/b> <\/span><span data-path-to-node=\"10,2\"><span class=\"citation-41\">}The roadmap prioritizes &#8216;real-time&#8217; payment systems and &#8216;digital tracking&#8217; TAG_OPEN_span_33<\/span>TAG_CLOSE_span_34 to make public finance management transparent. <\/span><span data-path-to-node=\"10,6\">A legal provision has also been proposed to publish a &#8216;Financial Risk Report&#8217; annually for the reduction of financial risk {<span class=\"citation-40\">TAG_CLOSE_span_32}}<\/span><span data-path-to-node=\"10,8\">}. <\/span><\/p>\n<\/p>\n<p><p id=\"p-rc_82751be886742689-29\" data-path-to-node=\"11\"><span data-path-to-node=\"11,1\">This roadmap aims to address citizens&#8217; expectations by making Nepal&#8217;s public administration and financial sector technology-friendly, transparent, and accountable <\/span><\/span><span data-path-to-node=\"11,3\">}.<span class=\"citation-39\"><\/span><\/p>\n<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Kathmandu. The &#8216;Good Governance Roadmap, 2082&#8217; recently released by the Government of Nepal contains important strategies and action plans for the improvement of the insurance and financial sector }.This document points out the structural problems in the financial sector and proposes various reform measures to solve them. The roadmap specifically focuses on financial access, insurance [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":124631,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[45159],"tags":[],"class_list":["post-295403","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-en"],"acf":[],"_links":{"self":[{"href":"https:\/\/english.insurancekhabar.com\/ikbrapi\/wp\/v2\/posts\/295403","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/english.insurancekhabar.com\/ikbrapi\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/english.insurancekhabar.com\/ikbrapi\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/english.insurancekhabar.com\/ikbrapi\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/english.insurancekhabar.com\/ikbrapi\/wp\/v2\/comments?post=295403"}],"version-history":[{"count":1,"href":"https:\/\/english.insurancekhabar.com\/ikbrapi\/wp\/v2\/posts\/295403\/revisions"}],"predecessor-version":[{"id":295404,"href":"https:\/\/english.insurancekhabar.com\/ikbrapi\/wp\/v2\/posts\/295403\/revisions\/295404"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/english.insurancekhabar.com\/ikbrapi\/wp\/v2\/media\/124631"}],"wp:attachment":[{"href":"https:\/\/english.insurancekhabar.com\/ikbrapi\/wp\/v2\/media?parent=295403"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/english.insurancekhabar.com\/ikbrapi\/wp\/v2\/categories?post=295403"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/english.insurancekhabar.com\/ikbrapi\/wp\/v2\/tags?post=295403"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}