Kathmandu, May 13
The
Non-Resident Nepali Association (NRNA) has said that the high priority accorded
to the NRNs in the government's Policies and Programmes for the upcoming Fiscal
Year 2026/27 is an 'extremely positive step'.
"It is a
welcome move for the state to formally acknowledge the sentiments,
contributions, and potential of millions of Nepalis who are establishing their
identity through hard work, knowledge, skills and ability in various countries
across the world, and to express a clear commitment to integrating them into
the mainstream of national development," it said in a statement on
Tuesday.
According to
the NRNA, the announcement to establish a 'Diaspora Expert Network' and a 'Knowledge
Bank', alongside the government's vision to link the capital, skills,
experience, technology, and international networks of Nepalis abroad with
Nepal's social and economic development, has enhanced new hope and trust.
"Today,
Nepalis across the globe are not merely sources of remittances, they are
distinct carriers of knowledge, technology, innovation, entrepreneurship,
international reach, and global experience," read the statement, while
adding that the Policies and Programmes presented a solid and positive roadmap
for utilising global expertise and experience in the national interest.
The NRNA also
expressed optimism that programmes such as capital market reform, securities
regulation, restructuring of NEPSE and clearing systems, institutional
investment expansion, infrastructure bonds, and the development of the debt and
bond markets will create an investment-friendly environment in Nepal.
"It will
also prepare the foundation for long-term economic stability and
transformation. We believe that the government's commitment to making the
investments of non-resident Nepalis safe, transparent and easy, will further
inspire migrant Nepalis to expand their investments in Nepal," said the
NRNA.
It further said
that the issue of further strengthening policy and legal arrangements related
to the citizenship, financial access, investment security, and democratic
rights of non-resident Nepalis is also an important one.
While stating
that it is a positive achievement that most of the issues raised by Nepalis
living abroad for years have been included in the Policies and Programmes, it
reiterated commitment to a more organised partnership in the journey towards
national prosperity, and serving as a bridge for foreign investment and
technology.
In the Policies
and Programmes for the next year, the government announced to provide 'Nepal
Investment Visa' to investors making investments above the threshold set by the
government.
Documentation
of the skills of youths returning from foreign
employment through a 'Skills Passport' and providing international professional
certification, operation of 'Remittance-Investment Matching Fund' to channel
remittances from consumption into productive investment, and creating legal
basis for remote work policy have also been announced in the Policies and
Programmes.
The government
has also announced a 24/7 Central Response Unit, to
ensure the safety and protection of the rights of Nepalis living abroad, will
be established and operated under the Ministry of Foreign Affairs, along with
rapid rescue teams at diplomatic missions. Likewise, passport
and consular services provided by Nepali missions abroad will be strengthened.
Similarly, individuals returning from
foreign employment will be encouraged to engage in agricultural enterprises.
Published in The Rising Nepal daily on 14 May 2026.
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