Prime Minister Balen Shah Discusses Economic Challenges with Private Sector
Summary
Prime Minister Balen Shah said cooperation with the private sector will be strengthened to address economic challenges and create a more favorable environment for investment and business expansion. Business leaders also called for policy and legal reforms, while the Prime Minister’s Office agreed to hold regular quarterly discussions with the private sector.
Key Points
- Prime Minister Balen Shah met entrepreneurs and businessmen at Singha Durbar to discuss economic challenges and private-sector concerns.
- He said domestic investment should come first, followed by non-resident Nepali investment and then foreign investment.
- Business leaders urged policy and legal reforms and said the state should improve morale in the private sector.
- The Prime Minister’s Office agreed to hold quarterly discussions to review private-sector problems, legal amendments, and the investment environment.