In an move to self reliance, the Govt of Nepal had signed an agreement with French firm "INGROUPE" to establish its own security printing facility. The facility will help Nepal print its passports, currency notes, smart cards & other items saving billions of spending annually. ASPA reported this news in its newsletter dated, December 2018 first time about Nepal establishing its own security printing firm . Nepal has already allocated a budget of Rs 6 billion in current fiscal year.