CNI Chairman Highlights Policy Instability and Legal Hurdles as Major Obstacles to Nepal's Economic Development
Summary
CNI Chairman Virendra Raj Pandey says policy instability and conflicting legal frameworks are holding back Nepal’s economic development. He urged the government to amend outdated laws, speed up capital spending, and improve the investment environment.
Key Points
- CNI Chairman Virendra Raj Pandey said policy instability and legal complexity are the main obstacles to Nepal’s economic development.
- He urged Finance Minister Dr. Swarnim Wagle to abolish and amend old, irrelevant economic laws.
- Pandey said capital expenditure, project implementation, private investment, and market demand all need urgent improvement.
- He called economic journalism an important partner in policy reform and economic transformation.
