Serious review of slow economic growth imperative: Finance Minister Khanal
Summary
Finance Minister Rameshwor Khanal emphasizes the need for a serious review of Nepal's slow economic growth, highlighting political instability and misinformation impacts. Nepal Rastra Bank Governor Dr Bishwonath Paudel points to liquidity management and sectoral loan expansion as challenges for economic boost.
Key Points
- Finance Minister Rameshwor Khanal stresses the need to seriously review reasons behind slow economic growth in Nepal.
- Political disenchantment and instability have negatively impacted development and economic activities recently.
- The Minister highlights the importance of authentic information and media's role in boosting investor confidence.
- Nepal Rastra Bank Governor Dr Bishwonath Paudel notes challenges in liquidity management and calls for loan expansion in key sectors like agriculture, tourism, energy, and production.
