Finance Minister Dr. Swarnim Wagle Engages in Dialogue with Private Sector
Summary
Finance Minister Dr. Swarnim Wagle has opened parallel talks with private sector representatives, bankers and Nepal Rastra Bank officials to push budget implementation, revive the sluggish economy and improve the investment climate. Business leaders say the dialogue is a positive sign, with banks holding ample liquidity but weak credit demand and low capital expenditure.
Key Points
- Finance Minister Dr. Swarnim Wagle is holding continuous discussions with the private sector and economy-related bodies on budget implementation and economic revival.
- He stressed policy confidence, stable rules and stronger coordination to boost investment, production, employment and financial stability.
- Bank executives, including Nabil Bank CEO Manoj Gyawali, said the dialogue is positive but pointed to low government capital spending and weak credit growth despite excess liquidity.
- Prime Minister Balendra Shah has also held separate meetings with major business groups and entrepreneurs from multiple sectors, signaling a broader government push to engage stakeholders.
