Don't scare away the investors Nepal needs
Summary
A commentary warns that raids and arrest warrants against business and banking figures are undermining investor confidence in Nepal. It urges the government to pair enforcement with due process, predictable regulation and stronger protection for legitimate investment.
Key Points
- Recent raids and arrest warrants against prominent business and banking figures have unsettled Nepal’s private sector.
- The article says the real problem is a crisis of confidence, not a shortage of liquidity, as money is available but businesses remain unwilling to invest.
- It argues that enforcement agencies must establish evidence and individual culpability before taking coercive action.
- The Shah administration is urged to publish a credible investment-confidence roadmap that protects property rights and the rule of law.
