Finance Minister's Office Warns Of Stock Market Rumors, Signals Action Against Those Spreading Fear
The Secretariat of Finance Minister Dr. Swarnim Wagle has warned investors not to believe sponsored rumors surrounding Nepal's stock market, saying false claims about arrests and investigations are being deliberately spread to create panic. It also stated that authorities are moving ahead with market reform measures and that those attempting to manipulate investor sentiment or destabilize the market could face investigation.
The Secretariat of Finance Minister Dr. Swarnim Wagle has called on investors to remain cautious of unverified information circulating about Nepal's stock market. The appeal was issued on the first day of the new fiscal year 2083/84after recent market fluctuations sparked speculation, with the government saying certain groups are attempting to influence investor sentiment by spreading misleading claims instead of relying on official information.
False Claims Draw Government Response
According to the secretariat, reports suggesting that specific market participants are about to be arrested or are currently under investigation have no official basis. It stated that such claims appear to be designed to create uncertainty among investors and emphasized that government agencies do not operate through speculation or rumor.
Authorities Stress Ongoing Market Reforms
The statement noted that regulators are continuing efforts to strengthen Nepal's capital market through planned reforms and improved oversight. It also warned that authorities are paying attention to activities that could intentionally mislead investors or disrupt the normal functioning of the market.
Investors Encouraged To Verify Information
The Finance Minister's Secretariat advised the public not to make investment decisions based on discussions taking place in social media groups, online chat platforms, or commentary from unofficial market figures. Instead, investors were encouraged to follow announcements issued by authorized government institutions and to make decisions only after reviewing reliable information.
Economic Outlook Remains Positive, Government Says
The secretariat said Nepal’s economic environment is showing signs of recovery, supported by stronger liquidity in the banking sector, easing interest rates, and continued policy adjustments. It added that new tax concessions and fiscal measures are expected to stimulate spending, attract investment, and contribute to wider economic activity.
Published 11 hours ago in Politics