Kathmandu. The stock market has started falling immediately after the government issued a 100-point agenda for governance reforms.

The government released the agenda last Saturday. Since then, the stock market has continued to fall except on Tuesday. Investors argue that point 45 is the main reason for the decline in the market.

In order to systematize the corruption control, the NRB has been asked to establish an integrated digital asset registry that includes bank accounts, digital wallets, share investments and other financial activities within 100 days, implement a risk-based indication system and automatically identify suspicious transactions and start investigation process through the concerned authorities. An investor said that this has affected the market. Other investors agree.

The government plans to set up a system to control corruption by digitally tracking all economic activities in the next 100 days, automatically detecting suspicious transactions and sending them to the concerned authorities. If any irregularities are found, the file will be sent to the concerned bodies, CIAA and police and those bodies will carry out the investigation.

This government takes out suspicious transactions and the person’s bank account, digital wallet, share investment, other financial transactions system itself and finds out whether those transactions are suspicious or not. The government is preparing to take action if a large amount of money is received, income is not spent and unexpected transactions are seen.

The Nepalese stock market is terrified when it comes to corruption control and money laundering. At present, the government has given priority to one of the 100 points it is working on on governance. The central bank has been directed to work on time to curb corruption. Investors argue that this has affected the market.

The stock market has lost 193.52 points in three working days this week. It fell by 73.47 points on the first day of the week, 44.71 points on Monday and 74.73 points on Wednesday.