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ECONOMY

Govt to divest 30% shares of Nepal Telecom to public

“Nepal Telecom will divest 30 percent of its shares to the general public while the government will retain the majority stake,” Minister Paudel said in his budget speech.
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By Republica

KATHMANDU, May 29: The government has announced to divest the shares of Nepal Telecom, a government-owned company, to the public. Finance Minister Bishnu Paudel made this announcement during the budget speech for the upcoming Fiscal Year (FY) 2025/25 on Thursday.



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“Nepal Telecom will divest 30 percent of its shares to the general public while the government will retain the majority stake,” Minister Paudel said in his budget speech.


 

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