Who is Rameshore Khanal? Wife, Biography, Age, Career & Net Worth

Rameshore Prasad Khanal was born on March 11, 1970, in Janakpur, Nepal. He studied commerce and business administration at Tribhuvan University. Later, he became an Associate Cost and Management Accountant (ACMA) in India. These qualifications gave him a strong base in finance, accounting, and budget management.

As of 2025, Rameshore Khanal is 55 years old. Known as a disciplined technocrat, he has built his career by focusing on financial reforms and practical policy rather than politics.

Who is Rameshore Khanal? Career in Civil Service

Khanal spent over three decades in Nepal’s public service sector. He worked in cooperative development, revenue policy, budget planning, and public procurement. These roles helped him understand how government funds flow and how weak systems can slow development.

His biggest achievement before entering politics was serving as Secretary of the Ministry of Finance. In this position, he worked on:

• Public accounting reforms

• Procurement rules

• Tax administration improvements

• Revenue-to-GDP growth

He also served on the boards of major state institutions, including banks, energy companies, and public enterprises. Alongside his government role, he taught finance and accounting at management institutes, training young professionals.

Role in the High-Level Reform Commission

One of Khanal’s most important contributions was as Chairman of the High-Level Economic Reform Advisory Commission. The commission studied Nepal’s economy and proposed reforms for both short-term recovery and long-term growth.

The report included recommendations on:

• Tax policy reforms

• Public institution restructuring

• Investment promotion strategies

This work highlighted Khanal’s expertise in designing practical policies and boosted his reputation as a skilled reformer.

Appointment as Finance Minister

On 14 September 2025, Rameshore Khanal was appointed Finance Minister of Nepal in the interim government led by Prime Minister Sushila Karki. His appointment came during a period of economic instability and political change.

As Finance Minister, his key responsibilities are:

• Stabilizing the economy

• Ensuring payroll and social payments continue

• Supporting emergency relief measures

• Implementing structural reforms for long-term growth

Observers believe his knowledge of Nepal’s financial system and his role in the reform commission make him well-suited for this job.

Strengths and Challenges Ahead

Rameshore Khanal brings two major strengths to his new role:

1. Deep administrative experience in government finance

2. A clear reform roadmap developed through the high-level commission

However, he also faces big challenges, including fiscal pressures, political uncertainty, and the task of turning reform plans into real policies.

Rameshore Khanal’s journey from civil servant to Finance Minister shows his reputation as a trusted technocrat. His leadership in finance and reforms could play a key role in stabilizing Nepal’s fragile economy ahead of elections. Many see his appointment as a hopeful step toward stronger financial management and sustainable growth.

FAQs

Who is Rameshore Khanal?
He is a Nepali economist and senior civil servant, now serving as Finance Minister of Nepal in the interim government formed on 14 September 2025.

What is his educational background?
He holds degrees in commerce and business administration from Tribhuvan University and is an ACMA from India.

What reforms did the commission recommend?
It suggested changes in tax systems, public enterprises, and investment policies to boost growth.

Why was he chosen as Finance Minister?
His technical expertise, experience as Finance Secretary, and leadership in the reform commission made him the preferred choice.