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Discussion between finance minister and CBfin on sustainable economic development
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Deputy Prime Minister and Finance Minister Bishnu Prasad Paudel and Confederation of Banks and Financial Institutions Nepal (CBFIN) discussed sustainable economic development.
The team led by the president of the Confederation, Upendra Prasad Paudel, on Wednesday informed Finance Minister Paudel that there has been a massive contraction in credit expansion due to the failure to create an investment and business-friendly policy and environment. The team has financial
The significant increase in bad loans and risky assets of institutions, pressure on capital funds, spreading rumors against institutions and disincentives for non-payment of loans have drawn attention to the situation of investment flight from this sector.
Minister Paudel requested to be confident that sustainable economic and banking development initiatives will be adopted, raising the morale and lost confidence in the financial and banking sector.
प्रकाशित : श्रावण १०, २०८१ ०७:१०
