Finance Ministry Official Suggests Review of 10-Share IPO Policy, Nepal Nearing FATF Grey List Exit

Kathmandu. Finance Ministry Joint Secretary Mahesh Acharya has pointed out the need to review the 10-share policy implemented for Initial Public Offerings (IPOs).

Speaking at a meeting of the Finance Committee of the House of Representatives, he stated that the time has come to review the 10-share policy. He said that this policy has increased short-term profit-seeking tendencies instead of developing a long-term investment culture in the securities market.