National Planning Commission Vice Chairman Dr. Gunakar Bhatta Emphasizes Policy Intervention and Investment for High Economic Growth
Summary
National Planning Commission Vice Chairman Dr. Gunakar Bhatta says Nepal must expand investment and pursue policy reform at the same time to achieve higher economic growth. He also called for greater spending on education, health, skills, technology, and digitalization to raise productivity.
Key Points
- Dr. Gunakar Bhatta said Nepal needs simultaneous policy intervention and investment expansion to drive higher economic growth.
- He noted that Nepal’s long-term growth has averaged around 4 percent, but has reached about 7 percent in some years when investment and policy measures improved.
- Bhatta stressed the need to invest in education, health, skill development, and technology to strengthen human capital and productivity.
- He said good governance, strong institutions, and policy reform are essential for raising per capita income.
