KATHMANDU, DECEMBER 1
Finance Minister Rameshwor Khanal has called for a serious assessment of why Nepal has failed to achieve expected levels of economic growth, citing political instability as a major cause.
Speaking at the 29th anniversary event of the Society of Economic Journalists Nepal (SEJON) on Monday, Khanal said prolonged political disenchantment had hindered development and investment. He also stressed the role of accurate information in shaping investor confidence and warned that fake or misleading news could damage diplomatic relations and investment climate.
He added that the government is accelerating work on major infrastructure projects and will address capital market issues soon.
Commerce and Supplies Minister Anil Kumar Sinha said the government aims to expand employment, strengthen domestic production, and uphold good governance. He noted that current economic measures align with the "Gen Z movement."
Nepal Rastra Bank Governor Dr Bishwonath Paudel highlighted liquidity management as a major challenge despite low interest rates and adequate liquidity in the banking system. He said stronger implementation of monetary policy and expanded lending-particularly in agriculture, tourism, energy and production-is crucial for stimulating growth.
(With inputs from RSS)
