Confederation of Nepalese Industries Chairman Emphasizes Transparent Auditing for Economic Growth
Summary
Confederation of Nepalese Industries Chairman Birendra Raj Pandey says transparent auditing is essential for economic governance, investor confidence and sustainable development in Nepal. He also says policy stability, legal reform and stronger capital spending are needed to achieve the budget’s 7 percent growth target.
Key Points
- Birendra Raj Pandey said transparent auditing is a fundamental pillar for economic governance and a strong economy.
- He argued that financial transparency improves good governance, investment climate and sustainable development.
- The Confederation of Nepalese Industries is pushing policies to promote industry, protect domestic production and develop the digital economy.
- Pandey said higher capital expenditure, policy stability and legal reform are needed to reach the government’s 7 percent growth target.