Federation of Nepal Chamber of Commerce and Industry has suggested bringing a monetary policy to speed up the reforming economy and boost the morale of the private sector, focusing on the laxity seen in the economy, the risks of the financial sector and the large part of the informal sector. For this, the Federation has also said to emphasize the need for policy reforms to address the risks related to money laundering.

The team led by the Acting President of the Federation, Anjan Shrestha, made a suggestion to the Governor of Nepal Rastra Bank, Vishwanath Paudel, on Tuesday. Therefore, the federation has emphasized on the main suggestion of monetary policy that the plan should be carried out targeting the construction of infrastructure. 

The Federation has stated that a solid program should be included to implement the debt rescheduling and restructuring system mentioned in the budget and this facility should be provided to all small, medium and large industries and businesses. Similarly, the federation says that the system of concessions on more active capital flow and interest penalties should be implemented clearly and effectively. 

"It should be facilitated to provide working capital loans in a simple and accessible way for manufacturing, tourism, construction industry and housing development companies, the right to decide on working capital loans according to the nature of the business should be given to the respective banks and borrowers," the federation said, "The share of the industrial sector in the economy has dropped to 12.4 percent. In this context, the interest rate of loans received by industries should be 1-2 percent lower than that of trade.

In the context of Nepal's upgrading from a least developed country in 2026, the federation has said that there should be a policy arrangement to provide concessional loans to maintain the competitiveness of micro, domestic, small and export-oriented industries run by women, and to organize interest subsidies by linking women's entrepreneurship loans with production.

Shrestha, the Acting President of the Federation, held the opinion that provision of loans should be made at a maximum 2 percent premium rate for loans up to 5 crore rupees. Similarly, the federation has also suggested that the provision of 'watch list' should be facilitated, business registration through citizen app and project loans of up to one crore rupees should be provided to attract the Gen-G generation to business for the promotion of youth entrepreneurship.  

Currently there is no provision to send internal remittances through the remittance company and as a result of this, low income groups, students, workers working in the informal sector, working outside the home and people who do not have bank accounts and do not have access to smart phones are the most affected, so the Federation has suggested that arrangements should be made to receive/send at least one lakh rupees internally through the remittance company through the money transfer company.

In order to increase the limit of residential house loans from 20 million rupees to 30 million rupees, the KYC mentioned in the budget should be attached to the national identity card and the related agencies should be able to obtain it electronically.

In terms of investing abroad, the federation has suggested to effectively implement the budget announcement that allows Nepali businessmen/companies to open sales branches or processing factories abroad and to invest up to 25 percent of total exports abroad, and to clearly include in the monetary policy the provision that Nepali citizens can take sweat equity for providing technology/specific services to foreign companies.