Nepal Initiates First Sovereign Credit Rating Process with Fitch Ratings

Nepal Initiates First Sovereign Credit Rating Process with Fitch Ratings

Nepal has embarked on securing its inaugural sovereign credit rating, with Fitch Ratings spearheading the effort.

A Fitch Ratings team is currently on-site, conducting evaluations and engaging with key government entities, including the Ministry of Finance and Nepal Rastra Bank, as well as private sector companies, to gauge the nation’s economic position.

Obtaining this credit rating will be instrumental for Nepal in attracting foreign investment by providing investors with a comprehensive view of the associated risks and opportunities.

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