KATHMANDU, SEPTEMBER 19

The Ministry of Finance has set up a task force to examine problems and inconsistencies in Nepal's capital market and recommend swift reforms to restore investor confidence.

According to a press statement from Joint Secretary and ministry spokesperson Tank Prasad Pandey, the team must submit a detailed action plan and recommendations within five days.

Task Force Members

Coordinator: Rupesh K.C., Acting Executive Director, Securities Board of Nepal

Member: Sharan Adhikari, Director, Nepal Rastra Bank

Member: Niranjan Phuyal, Acting Executive Director, Nepal Stock Exchange Ltd.

Member Secretary: Sharad Niraula, Under Secretary, Ministry of Finance