FinMin Wagle initiates process to repeal 15 outdated laws, longtime demand of private sector

KATHMANDU, March 28: Newly appointed Finance Minister Dr Swarnim Wagle has taken a historic step toward structural reforms in Nepal’s economy by initiating the process to repeal 15 outdated laws and abolish the Department of Revenue Investigation (DRI), following recommendations from the High-Level Economic Reform Advisory Commission, 2081. The move, announced on Friday, addresses long-standing demands from the private sector for a more investment-friendly and efficient legal framework.