Lower House Passes Alternative Development Finance Mobilization Bill Unanimously

The House of Representatives on Friday, August 22, unanimously endorsed the Alternative Development Finance Mobilization Bill, 2081.

The legislation, presented at the Lower House in April 2025 after deliberations in the Parliamentary Finance Committee, seeks to mobilise alternative sources of finance to fund large-scale, high-return infrastructure projects.

The bill provides for the establishment of a dedicated fund with an authorised capital of Rs 100 billion and paid-up capital of Rs 25 billion. It also sets out a legal framework for identifying and prioritising investment projects, creating institutional structures to facilitate financing, and ensuring robust monitoring and evaluation mechanisms.

Deputy Prime Minister and Finance Minister Bishnu Prasad Paudel said the bill would “open a new door for large-scale physical infrastructure development in Nepal.”

(With inputs from RSS)