Umbrella organization of Chartered Accountants in Nepal provides list of suggestions for federal budget; urges govt. to float Corona bond to fulfill its outstanding Rs 11 arba insurance claims

Chartered Accountants Association Nepal has provided a list of suggestion to the federal government amid the ongoing fiscal budget preparation program.

Amid all the suggestions, the association has urged the government to float Rs 25 arba Corona bond which would be purchased by the commercial banks having maturity period of 10 years and interest yield of 4% so that the government could fulfill its commitment of Rs 11 arba remaining claims of Corona insurance.

The deligate of the association that presented its suggestions to the different ministries was led by chairman of the association Mr. Aananda Raj Sharma Wagle, who presented several useful suggestions to the federal government for its budget making program, as per the media statement.