Finance Minister Assures Banking Sector Collaboration for Economic Revitalization
Summary
Finance Minister Dr. Swarnim Wagle has pledged closer collaboration with commercial banks to revive the economy and strengthen confidence in the private sector. He said the government will turn bankers’ suggestions into a concrete roadmap as it pushes for policy reforms and higher investment.
Key Points
- Finance Minister Dr. Swarnim Wagle met CEOs of commercial banks at Singha Durbar to discuss economic revitalization and budget implementation.
- He said low loan interest rates and excess liquidity have not yet translated into stronger loan demand or private investment.
- Wagle stressed closer coordination among the Ministry of Finance, Nepal Rastra Bank, and the banking sector.
- He said the government will pursue legal and procedural reforms needed to support economic growth, jobs, and financial stability.
