The private sector believes that political stability is essential for the overall development and prosperity of the country, and that the private sector is optimistic about the results of the recently concluded elections.
We use Google Cloud Translation Services. Google requires we provide the following disclaimer relating to use of this service:
This service may contain translations powered by Google. Google disclaims all warranties related to the translations, expressed or implied, including any warranties of accuracy, reliability, and any implied warranties of merchantability, fitness for a particular purpose, and noninfringement.
Finance Minister Rameshwor Khanal has held discussions with officials of the private sector umbrella organization. The discussions focused on issues related to the problems of the industry and commerce sector in Nepal, investment environment, and other issues.
On Thursday, Finance Minister Khanal held discussions on contemporary economic issues with the President of the Federation of Nepalese Chambers of Commerce and Industry Chandra Prasad Dhakal, President of the Nepal Chambers of Commerce Kamlesh Kumar Agrawal, President of the Confederation of Nepalese Industries Birendra Raj Pandey, and President of the Federation of Nepalese Chambers of Commerce Khemraj Bhandari on behalf of the private sector.
In the early days of his tenure, the major challenges were the deteriorating business environment due to the Gen-G movement and the declining morale of the private sector, Finance Minister Khanal said, but with the joint efforts of all, those problems have been resolved and the business environment has now improved.
The private sector is of the opinion that political stability is indispensable for the overall development and prosperity of the country, and that the private sector is optimistic about the results of the recently held elections. They say that the investment environment in the country will improve as the current government has created a fearless environment for the elections and conducted them fairly.
