"The government is ready to intervene more to improve the economy"

It is felt that the intervention of the government is not enough. There is a complaint that the demand in the market has not increased, the economy is still under pressure,' said Finance Minister Paudel, 'the economy of the country, which was in a very bad condition some time ago, has come to a comfortable state due to the government's intervention.' And claimed that the economy will also improve with policy stability.

Regarding the change of three finance ministers in a year, he said that the current government has come to solve this problem. "The private sector should also stop complaining and help the government in its journey of development and prosperity," he said. He said that after the formation of the new government, the external indicators of the economy are positive and he is ready to take more steps to improve the internal economy.

Paudel claims that the capital market, real estate and credit flows are increasing due to the introduction of private sector-friendly policies by the government. "The government has gone on the path of improving the economy through policy and operational interventions. The government is ready to move forward with suggestions from various sectors for further improvement," he said, adding that the private sector should come out of complaints. The government is ready to listen and resolve all your grievances.'

Rashtra Bank Governor Mahaprasad Adhikari said that the country's economy is improving and the monetary and financial indicators are becoming easier. The external sector is becoming easier. Inflation has come down. Liquidity has increased in banks and financial institutions. Sectors including automobile and capital market are becoming active, said the official.

Chandra Prasad Dhakal, the president of the Federation of Nepalese Industries and Commerce, said that the provisions in the bill to amend the Bank and Financial Institutions Act (Bafia) are not private sector friendly. He says that the Bafia Bill may create problems for founder investors of banks and financial institutions to invest in other sectors.

Although the country's economy is improving, domestic production and demand have not increased, said Rajesh Kumar Agarwal, president of Nepal Industry Confederation. The external sector is in balance. There is enough liquidity in the market. Interest rates have also come down. But now imports and exports have decreased. This means that the demand in the market has not increased," said Chairman Agarwal.