‘Nepal must prioritise stability and rule-based governance to unlock private investment’
Summary
Asian Development Bank country director Arnaud Cauchois emphasizes Nepal's need for stability and rule-based governance to attract private investment and sustain economic growth amid youth-led reform movements and structural challenges.
Key Points
- Asian Development Bank's Arnaud Cauchois highlights youth activism as positive momentum for Nepal's reform and economic growth.
- Nepal must prioritize political stability, transparent governance, and investor-friendly policies to attract more foreign direct investment.
- Nepal faces structural and institutional challenges including infrastructure gaps, regulatory burdens, and weak capital expenditure execution.
- ADB supports Nepal with reforms and digitalisation initiatives to improve project management, governance, climate resilience, and human capital investment.
