IMF’s Governance and Corruption Diagnostic Scoping Mission in Nepal flags key governance and AML/CFT gaps, paving the way for reforms to tackle corruption and illicit financial flows

An IMF technical assistance mission met with a wide range of Nepali authorities and institutions to launch the Governance and Corruption Diagnostic (GCD), which aims to analyse macro-critical governance weaknesses and corruption risks and produce targeted reform recommendations. The diagnostic will assess areas including public financial management, revenue administration, financial sector oversight, rule of law and the effectiveness of anti-corruption…