KATHMANDU, May 23: The government has proposed a plan to issue infrastructure bonds within a year to diversify the investment portfolio of insurance companies.
The government has prepared an action plan to implement the recommendations given by the High-Level Economic Reforms Recommendation Commission led by former Secretary Rameshwar Khanal. The commission had suggested issuing insurance-targeted infrastructure bonds to help insurance companies mobilize their funds.
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The committee formed by the government to implement this recommendation has stated in its report that the insurance-targeted infrastructure bonds will be issued within one year.
The report on the action plan states that to enable insurance companies to deploy long-term financial instruments, infrastructure bonds will be issued for high-return infrastructure projects.
