Responding to lawmakers' queries during Wednesday's session, Finance Minister Paudel blamed the previous government for being included in the FATF list.
This is the second time Nepal has been placed on the grey list, which includes countries with strategic deficiencies in their anti-money laundering (AML) and counter-terrorist financing (CFT) regimes. Nepal was on the FATF grey list from 2008 to 2014.
Ahead of the Presidential elections in Nepal, the country's coalition government has been thrown into turmoil as the Communist Party of Nepal-Unified Marxist Leninist (CPN-UML) Ministers on Monday submitted their resignations to Prime Minister Pushpa Kamal Dahal.
Bishnu Paudel, while publishing the mid-term budget review report also made it clear that the target of 8 per cent economic growth rate set for the current fiscal year also won't be achieved.
Kathmandu [Nepal], November 3 (ANI): Indian Ambassador to Nepal Vinay Mohan Kwatra on Tuesday handed over a cheque of NPR 1 billion to the Nepal government as reimbursement of Nepal Housing Reconstruction Project.