{"id":430560,"date":"2026-05-29T21:08:36","date_gmt":"2026-05-29T15:23:36","guid":{"rendered":"https:\/\/radionepalonline.com\/en\/?p=430560"},"modified":"2026-05-29T21:08:37","modified_gmt":"2026-05-29T15:23:37","slug":"budget-2026-27-soft-power-to-be-mobilized-for-economic-diplomacy-prosperity","status":"publish","type":"post","link":"https:\/\/radionepalonline.com\/en\/2026\/05\/29\/430560.html","title":{"rendered":"Budget 2026\/27: Soft power to be mobilized for economic diplomacy, prosperity"},"content":{"rendered":"\n<p><strong>Kathmandu: <\/strong>The government is set to enhance its foreign relations by leveraging soft power to promote economic prosperity, as outlined in the Budget for the fiscal year 2026\/27. <\/p>\n\n\n\n<figure class=\"wp-block-image size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"1000\" height=\"500\" src=\"https:\/\/radionepalonline.com\/en\/wp-content\/uploads\/sites\/2\/2025\/12\/Tourist.jpg\" alt=\"\" class=\"wp-image-420816\" srcset=\"https:\/\/radionepalonline.com\/en\/wp-content\/uploads\/sites\/2\/2025\/12\/Tourist.jpg 1000w, https:\/\/radionepalonline.com\/en\/wp-content\/uploads\/sites\/2\/2025\/12\/Tourist-300x150.jpg 300w, https:\/\/radionepalonline.com\/en\/wp-content\/uploads\/sites\/2\/2025\/12\/Tourist-768x384.jpg 768w\" sizes=\"(max-width: 1000px) 100vw, 1000px\" \/><\/figure>\n\n\n\n<p>Finance Minister Dr Swarnim Wagle emphasised the importance of integrating economic diplomacy, cultural identity, technology, and tourism to bolster Nepal&#8217;s international presence and credibility. <\/p>\n\n\n\n<p>The government aims to strengthen its role in multilateral and regional forums, including the United Nations, while promoting active and balanced diplomacy to foster regional cooperation. To expand Nepal&#8217;s soft power, the budget highlights the promotion of key cultural and natural assets, such as Lumbini, Mount Everest, and the country&#8217;s rich traditions in yoga and meditation. <\/p>\n\n\n\n<p>The government plans to enhance economic diplomacy to support Nepali missions abroad, increase export capacity, boost bilateral trade, attract foreign investment, and promote tourism. <\/p>\n\n\n\n<p>Additionally, the budget proposes modifications to the provision of non-resident Nepali citizenship to better align with contemporary needs, reinforcing the concept of &#8216;Once a Nepali, forever a Nepali.&#8217; This initiative aims to integrate non-resident Nepalis into national development by safeguarding their economic, social, and cultural rights. <\/p>\n\n\n\n<p>The government also intends to streamline banking, investment, property management, and service delivery processes to effectively utilise the skills and resources of Nepalis living abroad for the country&#8217;s development.<\/p>\n\n\n\n<p><strong>RSS<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Finance Minister Dr Swarnim Wagle emphasised the importance of integrating economic diplomacy, cultural identity, technology, and tourism to bolster Nepal&#8217;s international presence and credibility. <\/p>\n","protected":false},"author":48,"featured_media":420816,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[806,3,4,2],"tags":[],"reporter":[],"class_list":["post-430560","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-economy","category-english","category-en-news","category-top-stories-main"],"acf":[],"_links":{"self":[{"href":"https:\/\/radionepalonline.com\/en\/wp-json\/wp\/v2\/posts\/430560"}],"collection":[{"href":"https:\/\/radionepalonline.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/radionepalonline.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/radionepalonline.com\/en\/wp-json\/wp\/v2\/users\/48"}],"replies":[{"embeddable":true,"href":"https:\/\/radionepalonline.com\/en\/wp-json\/wp\/v2\/comments?post=430560"}],"version-history":[{"count":1,"href":"https:\/\/radionepalonline.com\/en\/wp-json\/wp\/v2\/posts\/430560\/revisions"}],"predecessor-version":[{"id":430561,"href":"https:\/\/radionepalonline.com\/en\/wp-json\/wp\/v2\/posts\/430560\/revisions\/430561"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/radionepalonline.com\/en\/wp-json\/wp\/v2\/media\/420816"}],"wp:attachment":[{"href":"https:\/\/radionepalonline.com\/en\/wp-json\/wp\/v2\/media?parent=430560"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/radionepalonline.com\/en\/wp-json\/wp\/v2\/categories?post=430560"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/radionepalonline.com\/en\/wp-json\/wp\/v2\/tags?post=430560"},{"taxonomy":"reporter","embeddable":true,"href":"https:\/\/radionepalonline.com\/en\/wp-json\/wp\/v2\/reporter?post=430560"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}