Entrepreneurs urge PM Oli to save Nepal's economy

KATHMANDU: The Federation of Nepalese Chambers of Commerce and Industry (FNCCI) on Monday called on Prime Minister KP Sharma Oli and urged him to save the national economy from a disaster.

The umbrella organisation of Nepali private sector told the Prime Minister that general strike in Tarai districts for over two months and obstructions in supplies at Indo-Nepal border points for the last one month have ruined the national economy.

According to the FNCCI President Pashupati Murarka, the nation has already faced a loss of Rs 1 trillion in the period of last two months.

While private properties were attacked, security threats against industries and businesses were increasing, he added.

The entrepreneurs have demanded that the state become sensitive to save the crisis-hit economy, pay attention to development of water resources and open alternative border points to resume economic activities.

In response, the Prime Minister assured the entrepreneurs to support industries and businesses affected by the political unrest and provide relief to people, the FNCCI said in a statement after the meeting.

FNCCI President Murarka, former President Chandi Raj Dhakal, Senior Vice-President Bhawani Rana, Vice-President duo Dinesh Shrestha and Shekhar Golchha among others had gone to the PM's residence in Baluwatar to congratulate Oli on his election to the post.