Thursday, November 21st, 2024

Economic development in sight, economists say



Kathmandu, March 12

The economists have argued that country’s economic development would grasp a momentum through the creation of investment-friendly environment and regulations of the finance sectors with discipline.

At a programme in the capital city Sunday, former governor of the Nepal Rastra Bank Deependra Bahadur Chhetri said the country would not face economic crisis if we curbed corruption and maintained economic good governance.

Likewise, former President of Federation of Nepalese Chambers of Commerce and Industry (FNCCI) Pradip Jung Pandey said despite immense potential of investment in Nepal the youth were forced to leave the country due to poor willpower and hollow commitment to actions.

Similarly, Executive Director of Nepal Rastra Bank Nar Bahadur Thapa said the country’s economic development was possible through the joint efforts of the cooperative, private and government sectors.

He opined that economic progress was likely soon if the modernization in economy, good governance and regulations were kept in top priority.

 

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