17 years on, Nepal’s Youth Self-Employment Fund mired in...

17 years on, Nepal’s Youth Self-Employment Fund mired in mismanagement and unpaid loans

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KATHMANDU: Seventeen years after its creation, Nepal’s Youth and Small Entrepreneur Self-Employment Fund—established with the aim of empowering unemployed youth through interest-subsidized loans—has come under scrutiny for large-scale financial mismanagement, lack of transparency, and failure to recover loans. The fund was announced in the fiscal year 2008/09 by then-Finance Minister Dr. Baburam Bhattarai under the […]

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