Lawmakers Pledge Business-Friendly Reforms to Boost Nepal's Economy
Summary
Lawmakers in Nepal have pledged to foster a business-friendly environment to boost economic growth, prioritizing private sector issues and promising legislative reforms to support industries and services.
Key Points
- Lawmakers emphasized the crucial role of the private sector in Nepal's economic prosperity and pledged to create a business-friendly environment from legislation to implementation.
- Parliamentary committees focusing on private sector issues will be formed within three weeks to address problems in education, industry, and services.
- RSP lawmaker Sushil Khadka projected Nepal's economy could reach $100 billion within five years, aiming for a 7% growth rate and $3,000 per capita income.
- Opposition CPN (UML) lawmaker Guru Baral stressed the need for government accountability to businessmen and highlighted the importance of coordination among private, cooperative, and government sectors.
