The government is going to establish a separate asset management company for bad debt management. Presenting the government's policy program for the next fiscal year in the United House on Friday, President Ramchandra Paudel said that an asset management company is going to be established for the management of non-banking assets and bad loans of banks and financial institutions.

"Capacity and transparency of the capital market will be increased by strengthening the securities board and restructuring the stock exchange," it is said in the policy and program.