Prime Minister Balen Shah Pledges to Resolve Capital Market Issues
Summary
Prime Minister Balen Shah has pledged to resolve issues in Nepal's capital market and securities business, promising to expedite solutions through existing bodies rather than new committees.
Key Points
- Prime Minister Balen Shah pledged to resolve problems in the capital market and securities business sector.
- He committed to calling meetings to implement legitimate demands of businesspersons without forming new committees.
- Suggestions included boosting investor morale, balancing market demand and supply, clarifying tax issues, and regulating margin lending.
- Participants also suggested restructuring the stock exchange to be technology-driven and improve policies including the 10-share rule and IPO processes.
