Private Sector Leaders Urge Political Parties for Stable Policies and Clear Economic Roadmaps Ahead of Elections
Summary
Private sector leaders in Nepal urge political parties to ensure stable governance, clear economic policies, and secure investment environments in their upcoming election manifestos, emphasizing energy production and policy consistency.
Key Points
- Private sector leaders demand stable government capable of completing full term and clear economic policies in election manifestos.
- Energy development and security of investment are critical, with calls to produce 28,500 MW electricity by 2035 requiring policy stability.
- Private sector calls for policy consistency of at least 10-15 years, protection of private property, and streamlined procedural reforms for industry and hydropower projects.
- Tax reforms proposed include reducing customs dependence, providing tax exemptions to new industries, and social security guarantees for taxpayers.