Finance Minister Wagle Urges Multinational Firms to Expand Investment in Nepal
Summary
Finance Minister Dr. Swarnim Wagle met representatives of 20 multinational companies operating in Nepal and urged them to expand investment, new production, and job creation. He said the government wants to treat the private sector as a partner and improve confidence through stable rules and better investment facilitation.
Key Points
- Finance Minister Dr. Swarnim Wagle held consultations with representatives of 20 multinational companies as part of discussions on the fiscal year 2083/84 budget.
- The meeting focused on budget incentives, operating challenges, and ways to support more investment, job creation, and profit repatriation.
- Wagle said the government must protect private investments and work jointly with the private sector to drive Nepal’s economic transformation.
- He urged companies already operating in Nepal to expand, adopt new technologies, and create more employment opportunities.
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