January 10: Prime Minister Pushpa Kamal Dahal on Tuesday said the government will work to reform the capital market to boost up the confidence of the private sector and investors.

While speaking at the meeting of the House of Representatives on Tuesday to solicit vote of confidence, Prime Minister Dahal reiterated his government will prioritise capital market and do the needful to reform it. 

Dahal pledged to work to maintain closer coordination and collaboration among economic and monetary institutions, cooperatives, insurance companies and private enterprises apart from the capital market. 

Dahal also stressed the need to reform policies and procedures to attract investment from the private sector. “The government will do the necessary work to bring in policy-level, institutional and procedural reforms in order to promote and boost private sector’s investment”, Dahal added.

Dahal informed that the government would use financial and monetary tools to address the liquidity crisis prevalent in the banking system.