$user = $this->Session->read('Auth.User');
//find the group of logged user
$groupId = $user['Group']['id'];
$viewFile = '/var/www/html/newbusinessage.com/app/View/Articles/view.ctp'
$dataForView = array(
'article' => array(
'Article' => array(
'id' => '17880',
'article_category_id' => '1',
'title' => 'Finance Minister Bats for New Financing Tools for Resource Mobilisation',
'sub_title' => 'IBN and Standard Chartered Jointly organise International Conference on Financing for Nepal',
'summary' => 'May 16: Finance Minister Dr Prakash Sharan Mahat emphasised on the importance of new financing tools that are needed for mobilising resources in addition to investments.',
'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">May 16: Finance Minister Dr Prakash Sharan Mahat emphasised on the importance of new financing tools that are needed for mobilising resources in addition to investments.</span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Speaking at the opening session of the ‘International Conference on Financing for Nepal’ 2023 which was jointly organized by the Investment Board Nepal (IBN) and Standard Chartered Bank Nepal Limited (SCBNL) in collaboration the Society of Economic Journalists – Nepal (SEJON), Finance Minister Mahat said instead of ‘repackaging’ the resources available in the existing structures and arrangements, there is a need to look for the availability of additional resources. </span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">He stressed on the importance of building a positive macroeconomic story for Nepal, when there are important aspects including no defaults for the country, healthy debt profile, a demographic dividend and digital penetration.</span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Addressing the opening session of the conference, Prime Minister and Chairman of the Investment Board Pushpa Kamal Dahal shared that this conference will present the latest financial tools and measures needed for economic and social development of the country and also reassured the government’s commitment for legal, institutional and procedural reforms to promote, facilitate and encourage private investment. </span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">The PM also highlighted that the recommendations from national and international participants during the conference can be included in the upcoming annual fiscal budget and monetary policy.</span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Besides Finance Minister Dr Prakash Sharan Mahat, Chief Executive Officer (CEO) of Investment Board Nepal Sushil Bhatta; Registrar of Kathmandu University Prof Dr Achyut Wagle; CEO of Standard Chartered Bank Nepal Limited, Anirvan Ghosh Dastidar; SeniorSustainability Advisor of Standard Chartered Bank UK, Dr John Murton; and, the President of SEJON, Janardan Baral addressed the opening session.</span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Sushil Bhatta, CEO of the Investment Board Nepal (IBN), held the view that the returns of projects will increase with the mix of resources obtained from various financial sources and investors can also get compensated appropriately to opportunity costs.</span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Anirvan Ghosh Dastidar, CEO of Standard Chartered Bank Nepal Limited (SCBNL) said, “Sustainable finance can help Nepal in leveraging its potential for renewable energy by providing the necessary funding and support to help us transition towards a more sustainable and low-carbon future. We must speed up sustainable investments and increase their scope in Nepal.”</span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Likewise, Professor Dr. Achyut Wagle stressed on the search for and use of new financing tools for Nepal to achieve its ambitious development goals as public finance has its own limitations.</span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">The recently-held conference also had technical sessions on macroeconomics of investment, legal,</span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">institutional and implementation arrangements related to investment, tools and scope of financing in</span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Nepal along with resource mobilisation and disruption prevention.</span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">The conference was attended by senior secretaries, government officials, diplomats, representatives of the development partners, private sector, banks and financial institutions, experts, researchers and academicians. </span></span></p>
<p> </p>
<p> </p>
<p> </p>
',
'published' => true,
'created' => '2023-05-16',
'modified' => '2023-05-16',
'keywords' => '',
'description' => '',
'sortorder' => '17611',
'image' => '20230516050745_066A5713.jpg',
'article_date' => '2023-05-16 17:05:15',
'homepage' => false,
'breaking_news' => false,
'main_news' => true,
'in_scroller' => false,
'user_id' => '34'
),
'ArticleCategory' => array(
'id' => '1',
'name' => 'NEWS',
'parentOf' => '0',
'published' => true,
'registered' => '2015-07-20 00:00:00',
'sortorder' => '158',
'del_flag' => '0',
'homepage' => true,
'display_in_menu' => true,
'user_id' => '1',
'created' => '0000-00-00 00:00:00',
'modified' => '2018-11-22 11:58:49'
),
'User' => array(
'password' => '*****',
'id' => '34',
'user_detail_id' => '1',
'group_id' => '1',
'username' => 'neeraj.roy@newbusinessage.com',
'name' => null,
'email' => 'neeraj.roy@newbusinessage.com',
'address' => null,
'gender' => null,
'access' => '1',
'phone' => null,
'access_type' => null,
'activated' => true,
'sortorder' => null,
'published' => null,
'created' => '2020-07-19 16:40:23',
'last_login' => '2024-08-13 13:55:06',
'ip' => '172.69.41.137'
),
'ArticleComment' => array(),
'ArticleFeature' => array(),
'ArticleHasAuthor' => array(),
'ArticleHasTag' => array(),
'ArticleView' => array(
(int) 0 => array(
[maximum depth reached]
)
),
'Slider' => array()
),
'current_user' => null,
'logged_in' => false
)
$article = array(
'Article' => array(
'id' => '17880',
'article_category_id' => '1',
'title' => 'Finance Minister Bats for New Financing Tools for Resource Mobilisation',
'sub_title' => 'IBN and Standard Chartered Jointly organise International Conference on Financing for Nepal',
'summary' => 'May 16: Finance Minister Dr Prakash Sharan Mahat emphasised on the importance of new financing tools that are needed for mobilising resources in addition to investments.',
'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">May 16: Finance Minister Dr Prakash Sharan Mahat emphasised on the importance of new financing tools that are needed for mobilising resources in addition to investments.</span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Speaking at the opening session of the ‘International Conference on Financing for Nepal’ 2023 which was jointly organized by the Investment Board Nepal (IBN) and Standard Chartered Bank Nepal Limited (SCBNL) in collaboration the Society of Economic Journalists – Nepal (SEJON), Finance Minister Mahat said instead of ‘repackaging’ the resources available in the existing structures and arrangements, there is a need to look for the availability of additional resources. </span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">He stressed on the importance of building a positive macroeconomic story for Nepal, when there are important aspects including no defaults for the country, healthy debt profile, a demographic dividend and digital penetration.</span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Addressing the opening session of the conference, Prime Minister and Chairman of the Investment Board Pushpa Kamal Dahal shared that this conference will present the latest financial tools and measures needed for economic and social development of the country and also reassured the government’s commitment for legal, institutional and procedural reforms to promote, facilitate and encourage private investment. </span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">The PM also highlighted that the recommendations from national and international participants during the conference can be included in the upcoming annual fiscal budget and monetary policy.</span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Besides Finance Minister Dr Prakash Sharan Mahat, Chief Executive Officer (CEO) of Investment Board Nepal Sushil Bhatta; Registrar of Kathmandu University Prof Dr Achyut Wagle; CEO of Standard Chartered Bank Nepal Limited, Anirvan Ghosh Dastidar; SeniorSustainability Advisor of Standard Chartered Bank UK, Dr John Murton; and, the President of SEJON, Janardan Baral addressed the opening session.</span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Sushil Bhatta, CEO of the Investment Board Nepal (IBN), held the view that the returns of projects will increase with the mix of resources obtained from various financial sources and investors can also get compensated appropriately to opportunity costs.</span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Anirvan Ghosh Dastidar, CEO of Standard Chartered Bank Nepal Limited (SCBNL) said, “Sustainable finance can help Nepal in leveraging its potential for renewable energy by providing the necessary funding and support to help us transition towards a more sustainable and low-carbon future. We must speed up sustainable investments and increase their scope in Nepal.”</span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Likewise, Professor Dr. Achyut Wagle stressed on the search for and use of new financing tools for Nepal to achieve its ambitious development goals as public finance has its own limitations.</span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">The recently-held conference also had technical sessions on macroeconomics of investment, legal,</span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">institutional and implementation arrangements related to investment, tools and scope of financing in</span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Nepal along with resource mobilisation and disruption prevention.</span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">The conference was attended by senior secretaries, government officials, diplomats, representatives of the development partners, private sector, banks and financial institutions, experts, researchers and academicians. </span></span></p>
<p> </p>
<p> </p>
<p> </p>
',
'published' => true,
'created' => '2023-05-16',
'modified' => '2023-05-16',
'keywords' => '',
'description' => '',
'sortorder' => '17611',
'image' => '20230516050745_066A5713.jpg',
'article_date' => '2023-05-16 17:05:15',
'homepage' => false,
'breaking_news' => false,
'main_news' => true,
'in_scroller' => false,
'user_id' => '34'
),
'ArticleCategory' => array(
'id' => '1',
'name' => 'NEWS',
'parentOf' => '0',
'published' => true,
'registered' => '2015-07-20 00:00:00',
'sortorder' => '158',
'del_flag' => '0',
'homepage' => true,
'display_in_menu' => true,
'user_id' => '1',
'created' => '0000-00-00 00:00:00',
'modified' => '2018-11-22 11:58:49'
),
'User' => array(
'password' => '*****',
'id' => '34',
'user_detail_id' => '1',
'group_id' => '1',
'username' => 'neeraj.roy@newbusinessage.com',
'name' => null,
'email' => 'neeraj.roy@newbusinessage.com',
'address' => null,
'gender' => null,
'access' => '1',
'phone' => null,
'access_type' => null,
'activated' => true,
'sortorder' => null,
'published' => null,
'created' => '2020-07-19 16:40:23',
'last_login' => '2024-08-13 13:55:06',
'ip' => '172.69.41.137'
),
'ArticleComment' => array(),
'ArticleFeature' => array(),
'ArticleHasAuthor' => array(),
'ArticleHasTag' => array(),
'ArticleView' => array(
(int) 0 => array(
'article_id' => '17880',
'hit' => '477'
)
),
'Slider' => array()
)
$current_user = null
$logged_in = false
$image = 'https://old.newbusinessage.com/app/webroot/img/news/20230516050745_066A5713.jpg'
$user = null
include - APP/View/Articles/view.ctp, line 115
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::render() - CORE/Cake/View/View.php, line 473
Controller::render() - CORE/Cake/Controller/Controller.php, line 968
Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200
Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167
[main] - APP/webroot/index.php, line 117
Notice (8): Trying to access array offset on value of type null [APP/View/Articles/view.ctp, line 115]
$user = $this->Session->read('Auth.User');
//find the group of logged user
$groupId = $user['Group']['id'];
$viewFile = '/var/www/html/newbusinessage.com/app/View/Articles/view.ctp'
$dataForView = array(
'article' => array(
'Article' => array(
'id' => '17880',
'article_category_id' => '1',
'title' => 'Finance Minister Bats for New Financing Tools for Resource Mobilisation',
'sub_title' => 'IBN and Standard Chartered Jointly organise International Conference on Financing for Nepal',
'summary' => 'May 16: Finance Minister Dr Prakash Sharan Mahat emphasised on the importance of new financing tools that are needed for mobilising resources in addition to investments.',
'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">May 16: Finance Minister Dr Prakash Sharan Mahat emphasised on the importance of new financing tools that are needed for mobilising resources in addition to investments.</span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Speaking at the opening session of the ‘International Conference on Financing for Nepal’ 2023 which was jointly organized by the Investment Board Nepal (IBN) and Standard Chartered Bank Nepal Limited (SCBNL) in collaboration the Society of Economic Journalists – Nepal (SEJON), Finance Minister Mahat said instead of ‘repackaging’ the resources available in the existing structures and arrangements, there is a need to look for the availability of additional resources. </span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">He stressed on the importance of building a positive macroeconomic story for Nepal, when there are important aspects including no defaults for the country, healthy debt profile, a demographic dividend and digital penetration.</span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Addressing the opening session of the conference, Prime Minister and Chairman of the Investment Board Pushpa Kamal Dahal shared that this conference will present the latest financial tools and measures needed for economic and social development of the country and also reassured the government’s commitment for legal, institutional and procedural reforms to promote, facilitate and encourage private investment. </span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">The PM also highlighted that the recommendations from national and international participants during the conference can be included in the upcoming annual fiscal budget and monetary policy.</span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Besides Finance Minister Dr Prakash Sharan Mahat, Chief Executive Officer (CEO) of Investment Board Nepal Sushil Bhatta; Registrar of Kathmandu University Prof Dr Achyut Wagle; CEO of Standard Chartered Bank Nepal Limited, Anirvan Ghosh Dastidar; SeniorSustainability Advisor of Standard Chartered Bank UK, Dr John Murton; and, the President of SEJON, Janardan Baral addressed the opening session.</span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Sushil Bhatta, CEO of the Investment Board Nepal (IBN), held the view that the returns of projects will increase with the mix of resources obtained from various financial sources and investors can also get compensated appropriately to opportunity costs.</span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Anirvan Ghosh Dastidar, CEO of Standard Chartered Bank Nepal Limited (SCBNL) said, “Sustainable finance can help Nepal in leveraging its potential for renewable energy by providing the necessary funding and support to help us transition towards a more sustainable and low-carbon future. We must speed up sustainable investments and increase their scope in Nepal.”</span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Likewise, Professor Dr. Achyut Wagle stressed on the search for and use of new financing tools for Nepal to achieve its ambitious development goals as public finance has its own limitations.</span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">The recently-held conference also had technical sessions on macroeconomics of investment, legal,</span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">institutional and implementation arrangements related to investment, tools and scope of financing in</span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Nepal along with resource mobilisation and disruption prevention.</span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">The conference was attended by senior secretaries, government officials, diplomats, representatives of the development partners, private sector, banks and financial institutions, experts, researchers and academicians. </span></span></p>
<p> </p>
<p> </p>
<p> </p>
',
'published' => true,
'created' => '2023-05-16',
'modified' => '2023-05-16',
'keywords' => '',
'description' => '',
'sortorder' => '17611',
'image' => '20230516050745_066A5713.jpg',
'article_date' => '2023-05-16 17:05:15',
'homepage' => false,
'breaking_news' => false,
'main_news' => true,
'in_scroller' => false,
'user_id' => '34'
),
'ArticleCategory' => array(
'id' => '1',
'name' => 'NEWS',
'parentOf' => '0',
'published' => true,
'registered' => '2015-07-20 00:00:00',
'sortorder' => '158',
'del_flag' => '0',
'homepage' => true,
'display_in_menu' => true,
'user_id' => '1',
'created' => '0000-00-00 00:00:00',
'modified' => '2018-11-22 11:58:49'
),
'User' => array(
'password' => '*****',
'id' => '34',
'user_detail_id' => '1',
'group_id' => '1',
'username' => 'neeraj.roy@newbusinessage.com',
'name' => null,
'email' => 'neeraj.roy@newbusinessage.com',
'address' => null,
'gender' => null,
'access' => '1',
'phone' => null,
'access_type' => null,
'activated' => true,
'sortorder' => null,
'published' => null,
'created' => '2020-07-19 16:40:23',
'last_login' => '2024-08-13 13:55:06',
'ip' => '172.69.41.137'
),
'ArticleComment' => array(),
'ArticleFeature' => array(),
'ArticleHasAuthor' => array(),
'ArticleHasTag' => array(),
'ArticleView' => array(
(int) 0 => array(
[maximum depth reached]
)
),
'Slider' => array()
),
'current_user' => null,
'logged_in' => false
)
$article = array(
'Article' => array(
'id' => '17880',
'article_category_id' => '1',
'title' => 'Finance Minister Bats for New Financing Tools for Resource Mobilisation',
'sub_title' => 'IBN and Standard Chartered Jointly organise International Conference on Financing for Nepal',
'summary' => 'May 16: Finance Minister Dr Prakash Sharan Mahat emphasised on the importance of new financing tools that are needed for mobilising resources in addition to investments.',
'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">May 16: Finance Minister Dr Prakash Sharan Mahat emphasised on the importance of new financing tools that are needed for mobilising resources in addition to investments.</span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Speaking at the opening session of the ‘International Conference on Financing for Nepal’ 2023 which was jointly organized by the Investment Board Nepal (IBN) and Standard Chartered Bank Nepal Limited (SCBNL) in collaboration the Society of Economic Journalists – Nepal (SEJON), Finance Minister Mahat said instead of ‘repackaging’ the resources available in the existing structures and arrangements, there is a need to look for the availability of additional resources. </span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">He stressed on the importance of building a positive macroeconomic story for Nepal, when there are important aspects including no defaults for the country, healthy debt profile, a demographic dividend and digital penetration.</span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Addressing the opening session of the conference, Prime Minister and Chairman of the Investment Board Pushpa Kamal Dahal shared that this conference will present the latest financial tools and measures needed for economic and social development of the country and also reassured the government’s commitment for legal, institutional and procedural reforms to promote, facilitate and encourage private investment. </span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">The PM also highlighted that the recommendations from national and international participants during the conference can be included in the upcoming annual fiscal budget and monetary policy.</span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Besides Finance Minister Dr Prakash Sharan Mahat, Chief Executive Officer (CEO) of Investment Board Nepal Sushil Bhatta; Registrar of Kathmandu University Prof Dr Achyut Wagle; CEO of Standard Chartered Bank Nepal Limited, Anirvan Ghosh Dastidar; SeniorSustainability Advisor of Standard Chartered Bank UK, Dr John Murton; and, the President of SEJON, Janardan Baral addressed the opening session.</span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Sushil Bhatta, CEO of the Investment Board Nepal (IBN), held the view that the returns of projects will increase with the mix of resources obtained from various financial sources and investors can also get compensated appropriately to opportunity costs.</span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Anirvan Ghosh Dastidar, CEO of Standard Chartered Bank Nepal Limited (SCBNL) said, “Sustainable finance can help Nepal in leveraging its potential for renewable energy by providing the necessary funding and support to help us transition towards a more sustainable and low-carbon future. We must speed up sustainable investments and increase their scope in Nepal.”</span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Likewise, Professor Dr. Achyut Wagle stressed on the search for and use of new financing tools for Nepal to achieve its ambitious development goals as public finance has its own limitations.</span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">The recently-held conference also had technical sessions on macroeconomics of investment, legal,</span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">institutional and implementation arrangements related to investment, tools and scope of financing in</span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Nepal along with resource mobilisation and disruption prevention.</span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">The conference was attended by senior secretaries, government officials, diplomats, representatives of the development partners, private sector, banks and financial institutions, experts, researchers and academicians. </span></span></p>
<p> </p>
<p> </p>
<p> </p>
',
'published' => true,
'created' => '2023-05-16',
'modified' => '2023-05-16',
'keywords' => '',
'description' => '',
'sortorder' => '17611',
'image' => '20230516050745_066A5713.jpg',
'article_date' => '2023-05-16 17:05:15',
'homepage' => false,
'breaking_news' => false,
'main_news' => true,
'in_scroller' => false,
'user_id' => '34'
),
'ArticleCategory' => array(
'id' => '1',
'name' => 'NEWS',
'parentOf' => '0',
'published' => true,
'registered' => '2015-07-20 00:00:00',
'sortorder' => '158',
'del_flag' => '0',
'homepage' => true,
'display_in_menu' => true,
'user_id' => '1',
'created' => '0000-00-00 00:00:00',
'modified' => '2018-11-22 11:58:49'
),
'User' => array(
'password' => '*****',
'id' => '34',
'user_detail_id' => '1',
'group_id' => '1',
'username' => 'neeraj.roy@newbusinessage.com',
'name' => null,
'email' => 'neeraj.roy@newbusinessage.com',
'address' => null,
'gender' => null,
'access' => '1',
'phone' => null,
'access_type' => null,
'activated' => true,
'sortorder' => null,
'published' => null,
'created' => '2020-07-19 16:40:23',
'last_login' => '2024-08-13 13:55:06',
'ip' => '172.69.41.137'
),
'ArticleComment' => array(),
'ArticleFeature' => array(),
'ArticleHasAuthor' => array(),
'ArticleHasTag' => array(),
'ArticleView' => array(
(int) 0 => array(
'article_id' => '17880',
'hit' => '477'
)
),
'Slider' => array()
)
$current_user = null
$logged_in = false
$image = 'https://old.newbusinessage.com/app/webroot/img/news/20230516050745_066A5713.jpg'
$user = null
include - APP/View/Articles/view.ctp, line 115
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::render() - CORE/Cake/View/View.php, line 473
Controller::render() - CORE/Cake/Controller/Controller.php, line 968
Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200
Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167
[main] - APP/webroot/index.php, line 117
Notice (8): Trying to access array offset on value of type null [APP/View/Articles/view.ctp, line 116]
//find the group of logged user
$groupId = $user['Group']['id'];
$user_id=$user["id"];
$viewFile = '/var/www/html/newbusinessage.com/app/View/Articles/view.ctp'
$dataForView = array(
'article' => array(
'Article' => array(
'id' => '17880',
'article_category_id' => '1',
'title' => 'Finance Minister Bats for New Financing Tools for Resource Mobilisation',
'sub_title' => 'IBN and Standard Chartered Jointly organise International Conference on Financing for Nepal',
'summary' => 'May 16: Finance Minister Dr Prakash Sharan Mahat emphasised on the importance of new financing tools that are needed for mobilising resources in addition to investments.',
'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">May 16: Finance Minister Dr Prakash Sharan Mahat emphasised on the importance of new financing tools that are needed for mobilising resources in addition to investments.</span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Speaking at the opening session of the ‘International Conference on Financing for Nepal’ 2023 which was jointly organized by the Investment Board Nepal (IBN) and Standard Chartered Bank Nepal Limited (SCBNL) in collaboration the Society of Economic Journalists – Nepal (SEJON), Finance Minister Mahat said instead of ‘repackaging’ the resources available in the existing structures and arrangements, there is a need to look for the availability of additional resources. </span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">He stressed on the importance of building a positive macroeconomic story for Nepal, when there are important aspects including no defaults for the country, healthy debt profile, a demographic dividend and digital penetration.</span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Addressing the opening session of the conference, Prime Minister and Chairman of the Investment Board Pushpa Kamal Dahal shared that this conference will present the latest financial tools and measures needed for economic and social development of the country and also reassured the government’s commitment for legal, institutional and procedural reforms to promote, facilitate and encourage private investment. </span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">The PM also highlighted that the recommendations from national and international participants during the conference can be included in the upcoming annual fiscal budget and monetary policy.</span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Besides Finance Minister Dr Prakash Sharan Mahat, Chief Executive Officer (CEO) of Investment Board Nepal Sushil Bhatta; Registrar of Kathmandu University Prof Dr Achyut Wagle; CEO of Standard Chartered Bank Nepal Limited, Anirvan Ghosh Dastidar; SeniorSustainability Advisor of Standard Chartered Bank UK, Dr John Murton; and, the President of SEJON, Janardan Baral addressed the opening session.</span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Sushil Bhatta, CEO of the Investment Board Nepal (IBN), held the view that the returns of projects will increase with the mix of resources obtained from various financial sources and investors can also get compensated appropriately to opportunity costs.</span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Anirvan Ghosh Dastidar, CEO of Standard Chartered Bank Nepal Limited (SCBNL) said, “Sustainable finance can help Nepal in leveraging its potential for renewable energy by providing the necessary funding and support to help us transition towards a more sustainable and low-carbon future. We must speed up sustainable investments and increase their scope in Nepal.”</span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Likewise, Professor Dr. Achyut Wagle stressed on the search for and use of new financing tools for Nepal to achieve its ambitious development goals as public finance has its own limitations.</span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">The recently-held conference also had technical sessions on macroeconomics of investment, legal,</span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">institutional and implementation arrangements related to investment, tools and scope of financing in</span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Nepal along with resource mobilisation and disruption prevention.</span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">The conference was attended by senior secretaries, government officials, diplomats, representatives of the development partners, private sector, banks and financial institutions, experts, researchers and academicians. </span></span></p>
<p> </p>
<p> </p>
<p> </p>
',
'published' => true,
'created' => '2023-05-16',
'modified' => '2023-05-16',
'keywords' => '',
'description' => '',
'sortorder' => '17611',
'image' => '20230516050745_066A5713.jpg',
'article_date' => '2023-05-16 17:05:15',
'homepage' => false,
'breaking_news' => false,
'main_news' => true,
'in_scroller' => false,
'user_id' => '34'
),
'ArticleCategory' => array(
'id' => '1',
'name' => 'NEWS',
'parentOf' => '0',
'published' => true,
'registered' => '2015-07-20 00:00:00',
'sortorder' => '158',
'del_flag' => '0',
'homepage' => true,
'display_in_menu' => true,
'user_id' => '1',
'created' => '0000-00-00 00:00:00',
'modified' => '2018-11-22 11:58:49'
),
'User' => array(
'password' => '*****',
'id' => '34',
'user_detail_id' => '1',
'group_id' => '1',
'username' => 'neeraj.roy@newbusinessage.com',
'name' => null,
'email' => 'neeraj.roy@newbusinessage.com',
'address' => null,
'gender' => null,
'access' => '1',
'phone' => null,
'access_type' => null,
'activated' => true,
'sortorder' => null,
'published' => null,
'created' => '2020-07-19 16:40:23',
'last_login' => '2024-08-13 13:55:06',
'ip' => '172.69.41.137'
),
'ArticleComment' => array(),
'ArticleFeature' => array(),
'ArticleHasAuthor' => array(),
'ArticleHasTag' => array(),
'ArticleView' => array(
(int) 0 => array(
[maximum depth reached]
)
),
'Slider' => array()
),
'current_user' => null,
'logged_in' => false
)
$article = array(
'Article' => array(
'id' => '17880',
'article_category_id' => '1',
'title' => 'Finance Minister Bats for New Financing Tools for Resource Mobilisation',
'sub_title' => 'IBN and Standard Chartered Jointly organise International Conference on Financing for Nepal',
'summary' => 'May 16: Finance Minister Dr Prakash Sharan Mahat emphasised on the importance of new financing tools that are needed for mobilising resources in addition to investments.',
'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">May 16: Finance Minister Dr Prakash Sharan Mahat emphasised on the importance of new financing tools that are needed for mobilising resources in addition to investments.</span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Speaking at the opening session of the ‘International Conference on Financing for Nepal’ 2023 which was jointly organized by the Investment Board Nepal (IBN) and Standard Chartered Bank Nepal Limited (SCBNL) in collaboration the Society of Economic Journalists – Nepal (SEJON), Finance Minister Mahat said instead of ‘repackaging’ the resources available in the existing structures and arrangements, there is a need to look for the availability of additional resources. </span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">He stressed on the importance of building a positive macroeconomic story for Nepal, when there are important aspects including no defaults for the country, healthy debt profile, a demographic dividend and digital penetration.</span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Addressing the opening session of the conference, Prime Minister and Chairman of the Investment Board Pushpa Kamal Dahal shared that this conference will present the latest financial tools and measures needed for economic and social development of the country and also reassured the government’s commitment for legal, institutional and procedural reforms to promote, facilitate and encourage private investment. </span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">The PM also highlighted that the recommendations from national and international participants during the conference can be included in the upcoming annual fiscal budget and monetary policy.</span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Besides Finance Minister Dr Prakash Sharan Mahat, Chief Executive Officer (CEO) of Investment Board Nepal Sushil Bhatta; Registrar of Kathmandu University Prof Dr Achyut Wagle; CEO of Standard Chartered Bank Nepal Limited, Anirvan Ghosh Dastidar; SeniorSustainability Advisor of Standard Chartered Bank UK, Dr John Murton; and, the President of SEJON, Janardan Baral addressed the opening session.</span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Sushil Bhatta, CEO of the Investment Board Nepal (IBN), held the view that the returns of projects will increase with the mix of resources obtained from various financial sources and investors can also get compensated appropriately to opportunity costs.</span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Anirvan Ghosh Dastidar, CEO of Standard Chartered Bank Nepal Limited (SCBNL) said, “Sustainable finance can help Nepal in leveraging its potential for renewable energy by providing the necessary funding and support to help us transition towards a more sustainable and low-carbon future. We must speed up sustainable investments and increase their scope in Nepal.”</span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Likewise, Professor Dr. Achyut Wagle stressed on the search for and use of new financing tools for Nepal to achieve its ambitious development goals as public finance has its own limitations.</span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">The recently-held conference also had technical sessions on macroeconomics of investment, legal,</span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">institutional and implementation arrangements related to investment, tools and scope of financing in</span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Nepal along with resource mobilisation and disruption prevention.</span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">The conference was attended by senior secretaries, government officials, diplomats, representatives of the development partners, private sector, banks and financial institutions, experts, researchers and academicians. </span></span></p>
<p> </p>
<p> </p>
<p> </p>
',
'published' => true,
'created' => '2023-05-16',
'modified' => '2023-05-16',
'keywords' => '',
'description' => '',
'sortorder' => '17611',
'image' => '20230516050745_066A5713.jpg',
'article_date' => '2023-05-16 17:05:15',
'homepage' => false,
'breaking_news' => false,
'main_news' => true,
'in_scroller' => false,
'user_id' => '34'
),
'ArticleCategory' => array(
'id' => '1',
'name' => 'NEWS',
'parentOf' => '0',
'published' => true,
'registered' => '2015-07-20 00:00:00',
'sortorder' => '158',
'del_flag' => '0',
'homepage' => true,
'display_in_menu' => true,
'user_id' => '1',
'created' => '0000-00-00 00:00:00',
'modified' => '2018-11-22 11:58:49'
),
'User' => array(
'password' => '*****',
'id' => '34',
'user_detail_id' => '1',
'group_id' => '1',
'username' => 'neeraj.roy@newbusinessage.com',
'name' => null,
'email' => 'neeraj.roy@newbusinessage.com',
'address' => null,
'gender' => null,
'access' => '1',
'phone' => null,
'access_type' => null,
'activated' => true,
'sortorder' => null,
'published' => null,
'created' => '2020-07-19 16:40:23',
'last_login' => '2024-08-13 13:55:06',
'ip' => '172.69.41.137'
),
'ArticleComment' => array(),
'ArticleFeature' => array(),
'ArticleHasAuthor' => array(),
'ArticleHasTag' => array(),
'ArticleView' => array(
(int) 0 => array(
'article_id' => '17880',
'hit' => '477'
)
),
'Slider' => array()
)
$current_user = null
$logged_in = false
$image = 'https://old.newbusinessage.com/app/webroot/img/news/20230516050745_066A5713.jpg'
$user = null
$groupId = null
include - APP/View/Articles/view.ctp, line 116
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::render() - CORE/Cake/View/View.php, line 473
Controller::render() - CORE/Cake/Controller/Controller.php, line 968
Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200
Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167
[main] - APP/webroot/index.php, line 117
$viewFile = '/var/www/html/newbusinessage.com/app/View/Articles/view.ctp'
$dataForView = array(
'article' => array(
'Article' => array(
'id' => '17880',
'article_category_id' => '1',
'title' => 'Finance Minister Bats for New Financing Tools for Resource Mobilisation',
'sub_title' => 'IBN and Standard Chartered Jointly organise International Conference on Financing for Nepal',
'summary' => 'May 16: Finance Minister Dr Prakash Sharan Mahat emphasised on the importance of new financing tools that are needed for mobilising resources in addition to investments.',
'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">May 16: Finance Minister Dr Prakash Sharan Mahat emphasised on the importance of new financing tools that are needed for mobilising resources in addition to investments.</span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Speaking at the opening session of the ‘International Conference on Financing for Nepal’ 2023 which was jointly organized by the Investment Board Nepal (IBN) and Standard Chartered Bank Nepal Limited (SCBNL) in collaboration the Society of Economic Journalists – Nepal (SEJON), Finance Minister Mahat said instead of ‘repackaging’ the resources available in the existing structures and arrangements, there is a need to look for the availability of additional resources. </span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">He stressed on the importance of building a positive macroeconomic story for Nepal, when there are important aspects including no defaults for the country, healthy debt profile, a demographic dividend and digital penetration.</span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Addressing the opening session of the conference, Prime Minister and Chairman of the Investment Board Pushpa Kamal Dahal shared that this conference will present the latest financial tools and measures needed for economic and social development of the country and also reassured the government’s commitment for legal, institutional and procedural reforms to promote, facilitate and encourage private investment. </span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">The PM also highlighted that the recommendations from national and international participants during the conference can be included in the upcoming annual fiscal budget and monetary policy.</span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Besides Finance Minister Dr Prakash Sharan Mahat, Chief Executive Officer (CEO) of Investment Board Nepal Sushil Bhatta; Registrar of Kathmandu University Prof Dr Achyut Wagle; CEO of Standard Chartered Bank Nepal Limited, Anirvan Ghosh Dastidar; SeniorSustainability Advisor of Standard Chartered Bank UK, Dr John Murton; and, the President of SEJON, Janardan Baral addressed the opening session.</span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Sushil Bhatta, CEO of the Investment Board Nepal (IBN), held the view that the returns of projects will increase with the mix of resources obtained from various financial sources and investors can also get compensated appropriately to opportunity costs.</span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Anirvan Ghosh Dastidar, CEO of Standard Chartered Bank Nepal Limited (SCBNL) said, “Sustainable finance can help Nepal in leveraging its potential for renewable energy by providing the necessary funding and support to help us transition towards a more sustainable and low-carbon future. We must speed up sustainable investments and increase their scope in Nepal.”</span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Likewise, Professor Dr. Achyut Wagle stressed on the search for and use of new financing tools for Nepal to achieve its ambitious development goals as public finance has its own limitations.</span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">The recently-held conference also had technical sessions on macroeconomics of investment, legal,</span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">institutional and implementation arrangements related to investment, tools and scope of financing in</span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Nepal along with resource mobilisation and disruption prevention.</span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">The conference was attended by senior secretaries, government officials, diplomats, representatives of the development partners, private sector, banks and financial institutions, experts, researchers and academicians. </span></span></p>
<p> </p>
<p> </p>
<p> </p>
',
'published' => true,
'created' => '2023-05-16',
'modified' => '2023-05-16',
'keywords' => '',
'description' => '',
'sortorder' => '17611',
'image' => '20230516050745_066A5713.jpg',
'article_date' => '2023-05-16 17:05:15',
'homepage' => false,
'breaking_news' => false,
'main_news' => true,
'in_scroller' => false,
'user_id' => '34'
),
'ArticleCategory' => array(
'id' => '1',
'name' => 'NEWS',
'parentOf' => '0',
'published' => true,
'registered' => '2015-07-20 00:00:00',
'sortorder' => '158',
'del_flag' => '0',
'homepage' => true,
'display_in_menu' => true,
'user_id' => '1',
'created' => '0000-00-00 00:00:00',
'modified' => '2018-11-22 11:58:49'
),
'User' => array(
'password' => '*****',
'id' => '34',
'user_detail_id' => '1',
'group_id' => '1',
'username' => 'neeraj.roy@newbusinessage.com',
'name' => null,
'email' => 'neeraj.roy@newbusinessage.com',
'address' => null,
'gender' => null,
'access' => '1',
'phone' => null,
'access_type' => null,
'activated' => true,
'sortorder' => null,
'published' => null,
'created' => '2020-07-19 16:40:23',
'last_login' => '2024-08-13 13:55:06',
'ip' => '172.69.41.137'
),
'ArticleComment' => array(),
'ArticleFeature' => array(),
'ArticleHasAuthor' => array(),
'ArticleHasTag' => array(),
'ArticleView' => array(
(int) 0 => array(
[maximum depth reached]
)
),
'Slider' => array()
),
'current_user' => null,
'logged_in' => false
)
$article = array(
'Article' => array(
'id' => '17880',
'article_category_id' => '1',
'title' => 'Finance Minister Bats for New Financing Tools for Resource Mobilisation',
'sub_title' => 'IBN and Standard Chartered Jointly organise International Conference on Financing for Nepal',
'summary' => 'May 16: Finance Minister Dr Prakash Sharan Mahat emphasised on the importance of new financing tools that are needed for mobilising resources in addition to investments.',
'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">May 16: Finance Minister Dr Prakash Sharan Mahat emphasised on the importance of new financing tools that are needed for mobilising resources in addition to investments.</span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Speaking at the opening session of the ‘International Conference on Financing for Nepal’ 2023 which was jointly organized by the Investment Board Nepal (IBN) and Standard Chartered Bank Nepal Limited (SCBNL) in collaboration the Society of Economic Journalists – Nepal (SEJON), Finance Minister Mahat said instead of ‘repackaging’ the resources available in the existing structures and arrangements, there is a need to look for the availability of additional resources. </span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">He stressed on the importance of building a positive macroeconomic story for Nepal, when there are important aspects including no defaults for the country, healthy debt profile, a demographic dividend and digital penetration.</span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Addressing the opening session of the conference, Prime Minister and Chairman of the Investment Board Pushpa Kamal Dahal shared that this conference will present the latest financial tools and measures needed for economic and social development of the country and also reassured the government’s commitment for legal, institutional and procedural reforms to promote, facilitate and encourage private investment. </span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">The PM also highlighted that the recommendations from national and international participants during the conference can be included in the upcoming annual fiscal budget and monetary policy.</span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Besides Finance Minister Dr Prakash Sharan Mahat, Chief Executive Officer (CEO) of Investment Board Nepal Sushil Bhatta; Registrar of Kathmandu University Prof Dr Achyut Wagle; CEO of Standard Chartered Bank Nepal Limited, Anirvan Ghosh Dastidar; SeniorSustainability Advisor of Standard Chartered Bank UK, Dr John Murton; and, the President of SEJON, Janardan Baral addressed the opening session.</span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Sushil Bhatta, CEO of the Investment Board Nepal (IBN), held the view that the returns of projects will increase with the mix of resources obtained from various financial sources and investors can also get compensated appropriately to opportunity costs.</span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Anirvan Ghosh Dastidar, CEO of Standard Chartered Bank Nepal Limited (SCBNL) said, “Sustainable finance can help Nepal in leveraging its potential for renewable energy by providing the necessary funding and support to help us transition towards a more sustainable and low-carbon future. We must speed up sustainable investments and increase their scope in Nepal.”</span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Likewise, Professor Dr. Achyut Wagle stressed on the search for and use of new financing tools for Nepal to achieve its ambitious development goals as public finance has its own limitations.</span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">The recently-held conference also had technical sessions on macroeconomics of investment, legal,</span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">institutional and implementation arrangements related to investment, tools and scope of financing in</span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Nepal along with resource mobilisation and disruption prevention.</span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">The conference was attended by senior secretaries, government officials, diplomats, representatives of the development partners, private sector, banks and financial institutions, experts, researchers and academicians. </span></span></p>
<p> </p>
<p> </p>
<p> </p>
',
'published' => true,
'created' => '2023-05-16',
'modified' => '2023-05-16',
'keywords' => '',
'description' => '',
'sortorder' => '17611',
'image' => '20230516050745_066A5713.jpg',
'article_date' => '2023-05-16 17:05:15',
'homepage' => false,
'breaking_news' => false,
'main_news' => true,
'in_scroller' => false,
'user_id' => '34'
),
'ArticleCategory' => array(
'id' => '1',
'name' => 'NEWS',
'parentOf' => '0',
'published' => true,
'registered' => '2015-07-20 00:00:00',
'sortorder' => '158',
'del_flag' => '0',
'homepage' => true,
'display_in_menu' => true,
'user_id' => '1',
'created' => '0000-00-00 00:00:00',
'modified' => '2018-11-22 11:58:49'
),
'User' => array(
'password' => '*****',
'id' => '34',
'user_detail_id' => '1',
'group_id' => '1',
'username' => 'neeraj.roy@newbusinessage.com',
'name' => null,
'email' => 'neeraj.roy@newbusinessage.com',
'address' => null,
'gender' => null,
'access' => '1',
'phone' => null,
'access_type' => null,
'activated' => true,
'sortorder' => null,
'published' => null,
'created' => '2020-07-19 16:40:23',
'last_login' => '2024-08-13 13:55:06',
'ip' => '172.69.41.137'
),
'ArticleComment' => array(),
'ArticleFeature' => array(),
'ArticleHasAuthor' => array(),
'ArticleHasTag' => array(),
'ArticleView' => array(
(int) 0 => array(
'article_id' => '17880',
'hit' => '477'
)
),
'Slider' => array()
)
$current_user = null
$logged_in = false
$image = 'https://old.newbusinessage.com/app/webroot/img/news/20230516050745_066A5713.jpg'
$user = null
$groupId = null
$user_id = null
$date = '2023-05-16 17:05:15'
$dateFromDatabase = (int) 1684236015
$newDate = 'May 16, 2023'
$articleView = array(
'article_id' => '17880',
'hit' => '477'
)
$word_count = (int) 661
$time_to_read = (float) 3.31
$time_to_read_min = (float) 3
$time_to_read_second = (float) 19
include - APP/View/Articles/view.ctp, line 241
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::render() - CORE/Cake/View/View.php, line 473
Controller::render() - CORE/Cake/Controller/Controller.php, line 968
Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200
Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167
[main] - APP/webroot/index.php, line 117
May 16: Finance Minister Dr Prakash Sharan Mahat emphasised on the importance of new financing tools that are needed for mobilising resources in addition to investments.
Speaking at the opening session of the ‘International Conference on Financing for Nepal’ 2023 which was jointly organized by the Investment Board Nepal (IBN) and Standard Chartered Bank Nepal Limited (SCBNL) in collaboration the Society of Economic Journalists – Nepal (SEJON), Finance Minister Mahat said instead of ‘repackaging’ the resources available in the existing structures and arrangements, there is a need to look for the availability of additional resources.
He stressed on the importance of building a positive macroeconomic story for Nepal, when there are important aspects including no defaults for the country, healthy debt profile, a demographic dividend and digital penetration.
Addressing the opening session of the conference, Prime Minister and Chairman of the Investment Board Pushpa Kamal Dahal shared that this conference will present the latest financial tools and measures needed for economic and social development of the country and also reassured the government’s commitment for legal, institutional and procedural reforms to promote, facilitate and encourage private investment.
The PM also highlighted that the recommendations from national and international participants during the conference can be included in the upcoming annual fiscal budget and monetary policy.
Besides Finance Minister Dr Prakash Sharan Mahat, Chief Executive Officer (CEO) of Investment Board Nepal Sushil Bhatta; Registrar of Kathmandu University Prof Dr Achyut Wagle; CEO of Standard Chartered Bank Nepal Limited, Anirvan Ghosh Dastidar; SeniorSustainability Advisor of Standard Chartered Bank UK, Dr John Murton; and, the President of SEJON, Janardan Baral addressed the opening session.
Sushil Bhatta, CEO of the Investment Board Nepal (IBN), held the view that the returns of projects will increase with the mix of resources obtained from various financial sources and investors can also get compensated appropriately to opportunity costs.
Anirvan Ghosh Dastidar, CEO of Standard Chartered Bank Nepal Limited (SCBNL) said, “Sustainable finance can help Nepal in leveraging its potential for renewable energy by providing the necessary funding and support to help us transition towards a more sustainable and low-carbon future. We must speed up sustainable investments and increase their scope in Nepal.”
Likewise, Professor Dr. Achyut Wagle stressed on the search for and use of new financing tools for Nepal to achieve its ambitious development goals as public finance has its own limitations.
The recently-held conference also had technical sessions on macroeconomics of investment, legal,
institutional and implementation arrangements related to investment, tools and scope of financing in
Nepal along with resource mobilisation and disruption prevention.
The conference was attended by senior secretaries, government officials, diplomats, representatives of the development partners, private sector, banks and financial institutions, experts, researchers and academicians.
FormHelper::create() - CORE/Cake/View/Helper/FormHelper.php, line 383
include - APP/View/Articles/view.ctp, line 273
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::render() - CORE/Cake/View/View.php, line 473
Controller::render() - CORE/Cake/Controller/Controller.php, line 968
Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200
Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167
[main] - APP/webroot/index.php, line 117
$viewFile = '/var/www/html/newbusinessage.com/app/View/Elements/side_bar.ctp'
$dataForView = array(
'article' => array(
'Article' => array(
'id' => '17880',
'article_category_id' => '1',
'title' => 'Finance Minister Bats for New Financing Tools for Resource Mobilisation',
'sub_title' => 'IBN and Standard Chartered Jointly organise International Conference on Financing for Nepal',
'summary' => 'May 16: Finance Minister Dr Prakash Sharan Mahat emphasised on the importance of new financing tools that are needed for mobilising resources in addition to investments.',
'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">May 16: Finance Minister Dr Prakash Sharan Mahat emphasised on the importance of new financing tools that are needed for mobilising resources in addition to investments.</span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Speaking at the opening session of the ‘International Conference on Financing for Nepal’ 2023 which was jointly organized by the Investment Board Nepal (IBN) and Standard Chartered Bank Nepal Limited (SCBNL) in collaboration the Society of Economic Journalists – Nepal (SEJON), Finance Minister Mahat said instead of ‘repackaging’ the resources available in the existing structures and arrangements, there is a need to look for the availability of additional resources. </span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">He stressed on the importance of building a positive macroeconomic story for Nepal, when there are important aspects including no defaults for the country, healthy debt profile, a demographic dividend and digital penetration.</span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Addressing the opening session of the conference, Prime Minister and Chairman of the Investment Board Pushpa Kamal Dahal shared that this conference will present the latest financial tools and measures needed for economic and social development of the country and also reassured the government’s commitment for legal, institutional and procedural reforms to promote, facilitate and encourage private investment. </span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">The PM also highlighted that the recommendations from national and international participants during the conference can be included in the upcoming annual fiscal budget and monetary policy.</span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Besides Finance Minister Dr Prakash Sharan Mahat, Chief Executive Officer (CEO) of Investment Board Nepal Sushil Bhatta; Registrar of Kathmandu University Prof Dr Achyut Wagle; CEO of Standard Chartered Bank Nepal Limited, Anirvan Ghosh Dastidar; SeniorSustainability Advisor of Standard Chartered Bank UK, Dr John Murton; and, the President of SEJON, Janardan Baral addressed the opening session.</span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Sushil Bhatta, CEO of the Investment Board Nepal (IBN), held the view that the returns of projects will increase with the mix of resources obtained from various financial sources and investors can also get compensated appropriately to opportunity costs.</span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Anirvan Ghosh Dastidar, CEO of Standard Chartered Bank Nepal Limited (SCBNL) said, “Sustainable finance can help Nepal in leveraging its potential for renewable energy by providing the necessary funding and support to help us transition towards a more sustainable and low-carbon future. We must speed up sustainable investments and increase their scope in Nepal.”</span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Likewise, Professor Dr. Achyut Wagle stressed on the search for and use of new financing tools for Nepal to achieve its ambitious development goals as public finance has its own limitations.</span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">The recently-held conference also had technical sessions on macroeconomics of investment, legal,</span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">institutional and implementation arrangements related to investment, tools and scope of financing in</span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Nepal along with resource mobilisation and disruption prevention.</span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">The conference was attended by senior secretaries, government officials, diplomats, representatives of the development partners, private sector, banks and financial institutions, experts, researchers and academicians. </span></span></p>
<p> </p>
<p> </p>
<p> </p>
',
'published' => true,
'created' => '2023-05-16',
'modified' => '2023-05-16',
'keywords' => '',
'description' => '',
'sortorder' => '17611',
'image' => '20230516050745_066A5713.jpg',
'article_date' => '2023-05-16 17:05:15',
'homepage' => false,
'breaking_news' => false,
'main_news' => true,
'in_scroller' => false,
'user_id' => '34'
),
'ArticleCategory' => array(
'id' => '1',
'name' => 'NEWS',
'parentOf' => '0',
'published' => true,
'registered' => '2015-07-20 00:00:00',
'sortorder' => '158',
'del_flag' => '0',
'homepage' => true,
'display_in_menu' => true,
'user_id' => '1',
'created' => '0000-00-00 00:00:00',
'modified' => '2018-11-22 11:58:49'
),
'User' => array(
'password' => '*****',
'id' => '34',
'user_detail_id' => '1',
'group_id' => '1',
'username' => 'neeraj.roy@newbusinessage.com',
'name' => null,
'email' => 'neeraj.roy@newbusinessage.com',
'address' => null,
'gender' => null,
'access' => '1',
'phone' => null,
'access_type' => null,
'activated' => true,
'sortorder' => null,
'published' => null,
'created' => '2020-07-19 16:40:23',
'last_login' => '2024-08-13 13:55:06',
'ip' => '172.69.41.137'
),
'ArticleComment' => array(),
'ArticleFeature' => array(),
'ArticleHasAuthor' => array(),
'ArticleHasTag' => array(),
'ArticleView' => array(
(int) 0 => array(
[maximum depth reached]
)
),
'Slider' => array()
),
'current_user' => null,
'logged_in' => false
)
$article = array(
'Article' => array(
'id' => '17880',
'article_category_id' => '1',
'title' => 'Finance Minister Bats for New Financing Tools for Resource Mobilisation',
'sub_title' => 'IBN and Standard Chartered Jointly organise International Conference on Financing for Nepal',
'summary' => 'May 16: Finance Minister Dr Prakash Sharan Mahat emphasised on the importance of new financing tools that are needed for mobilising resources in addition to investments.',
'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">May 16: Finance Minister Dr Prakash Sharan Mahat emphasised on the importance of new financing tools that are needed for mobilising resources in addition to investments.</span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Speaking at the opening session of the ‘International Conference on Financing for Nepal’ 2023 which was jointly organized by the Investment Board Nepal (IBN) and Standard Chartered Bank Nepal Limited (SCBNL) in collaboration the Society of Economic Journalists – Nepal (SEJON), Finance Minister Mahat said instead of ‘repackaging’ the resources available in the existing structures and arrangements, there is a need to look for the availability of additional resources. </span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">He stressed on the importance of building a positive macroeconomic story for Nepal, when there are important aspects including no defaults for the country, healthy debt profile, a demographic dividend and digital penetration.</span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Addressing the opening session of the conference, Prime Minister and Chairman of the Investment Board Pushpa Kamal Dahal shared that this conference will present the latest financial tools and measures needed for economic and social development of the country and also reassured the government’s commitment for legal, institutional and procedural reforms to promote, facilitate and encourage private investment. </span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">The PM also highlighted that the recommendations from national and international participants during the conference can be included in the upcoming annual fiscal budget and monetary policy.</span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Besides Finance Minister Dr Prakash Sharan Mahat, Chief Executive Officer (CEO) of Investment Board Nepal Sushil Bhatta; Registrar of Kathmandu University Prof Dr Achyut Wagle; CEO of Standard Chartered Bank Nepal Limited, Anirvan Ghosh Dastidar; SeniorSustainability Advisor of Standard Chartered Bank UK, Dr John Murton; and, the President of SEJON, Janardan Baral addressed the opening session.</span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Sushil Bhatta, CEO of the Investment Board Nepal (IBN), held the view that the returns of projects will increase with the mix of resources obtained from various financial sources and investors can also get compensated appropriately to opportunity costs.</span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Anirvan Ghosh Dastidar, CEO of Standard Chartered Bank Nepal Limited (SCBNL) said, “Sustainable finance can help Nepal in leveraging its potential for renewable energy by providing the necessary funding and support to help us transition towards a more sustainable and low-carbon future. We must speed up sustainable investments and increase their scope in Nepal.”</span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Likewise, Professor Dr. Achyut Wagle stressed on the search for and use of new financing tools for Nepal to achieve its ambitious development goals as public finance has its own limitations.</span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">The recently-held conference also had technical sessions on macroeconomics of investment, legal,</span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">institutional and implementation arrangements related to investment, tools and scope of financing in</span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Nepal along with resource mobilisation and disruption prevention.</span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">The conference was attended by senior secretaries, government officials, diplomats, representatives of the development partners, private sector, banks and financial institutions, experts, researchers and academicians. </span></span></p>
<p> </p>
<p> </p>
<p> </p>
',
'published' => true,
'created' => '2023-05-16',
'modified' => '2023-05-16',
'keywords' => '',
'description' => '',
'sortorder' => '17611',
'image' => '20230516050745_066A5713.jpg',
'article_date' => '2023-05-16 17:05:15',
'homepage' => false,
'breaking_news' => false,
'main_news' => true,
'in_scroller' => false,
'user_id' => '34'
),
'ArticleCategory' => array(
'id' => '1',
'name' => 'NEWS',
'parentOf' => '0',
'published' => true,
'registered' => '2015-07-20 00:00:00',
'sortorder' => '158',
'del_flag' => '0',
'homepage' => true,
'display_in_menu' => true,
'user_id' => '1',
'created' => '0000-00-00 00:00:00',
'modified' => '2018-11-22 11:58:49'
),
'User' => array(
'password' => '*****',
'id' => '34',
'user_detail_id' => '1',
'group_id' => '1',
'username' => 'neeraj.roy@newbusinessage.com',
'name' => null,
'email' => 'neeraj.roy@newbusinessage.com',
'address' => null,
'gender' => null,
'access' => '1',
'phone' => null,
'access_type' => null,
'activated' => true,
'sortorder' => null,
'published' => null,
'created' => '2020-07-19 16:40:23',
'last_login' => '2024-08-13 13:55:06',
'ip' => '172.69.41.137'
),
'ArticleComment' => array(),
'ArticleFeature' => array(),
'ArticleHasAuthor' => array(),
'ArticleHasTag' => array(),
'ArticleView' => array(
(int) 0 => array(
'article_id' => '17880',
'hit' => '477'
)
),
'Slider' => array()
)
$current_user = null
$logged_in = false
include - APP/View/Elements/side_bar.ctp, line 60
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::_renderElement() - CORE/Cake/View/View.php, line 1224
View::element() - CORE/Cake/View/View.php, line 418
include - APP/View/Articles/view.ctp, line 391
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::render() - CORE/Cake/View/View.php, line 473
Controller::render() - CORE/Cake/Controller/Controller.php, line 968
Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200
Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167
[main] - APP/webroot/index.php, line 117
Warning (2): simplexml_load_file() [<a href='http://php.net/function.simplexml-load-file'>function.simplexml-load-file</a>]: I/O warning : failed to load external entity "" [APP/View/Elements/side_bar.ctp, line 60]
$viewFile = '/var/www/html/newbusinessage.com/app/View/Elements/side_bar.ctp'
$dataForView = array(
'article' => array(
'Article' => array(
'id' => '17880',
'article_category_id' => '1',
'title' => 'Finance Minister Bats for New Financing Tools for Resource Mobilisation',
'sub_title' => 'IBN and Standard Chartered Jointly organise International Conference on Financing for Nepal',
'summary' => 'May 16: Finance Minister Dr Prakash Sharan Mahat emphasised on the importance of new financing tools that are needed for mobilising resources in addition to investments.',
'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">May 16: Finance Minister Dr Prakash Sharan Mahat emphasised on the importance of new financing tools that are needed for mobilising resources in addition to investments.</span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Speaking at the opening session of the ‘International Conference on Financing for Nepal’ 2023 which was jointly organized by the Investment Board Nepal (IBN) and Standard Chartered Bank Nepal Limited (SCBNL) in collaboration the Society of Economic Journalists – Nepal (SEJON), Finance Minister Mahat said instead of ‘repackaging’ the resources available in the existing structures and arrangements, there is a need to look for the availability of additional resources. </span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">He stressed on the importance of building a positive macroeconomic story for Nepal, when there are important aspects including no defaults for the country, healthy debt profile, a demographic dividend and digital penetration.</span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Addressing the opening session of the conference, Prime Minister and Chairman of the Investment Board Pushpa Kamal Dahal shared that this conference will present the latest financial tools and measures needed for economic and social development of the country and also reassured the government’s commitment for legal, institutional and procedural reforms to promote, facilitate and encourage private investment. </span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">The PM also highlighted that the recommendations from national and international participants during the conference can be included in the upcoming annual fiscal budget and monetary policy.</span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Besides Finance Minister Dr Prakash Sharan Mahat, Chief Executive Officer (CEO) of Investment Board Nepal Sushil Bhatta; Registrar of Kathmandu University Prof Dr Achyut Wagle; CEO of Standard Chartered Bank Nepal Limited, Anirvan Ghosh Dastidar; SeniorSustainability Advisor of Standard Chartered Bank UK, Dr John Murton; and, the President of SEJON, Janardan Baral addressed the opening session.</span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Sushil Bhatta, CEO of the Investment Board Nepal (IBN), held the view that the returns of projects will increase with the mix of resources obtained from various financial sources and investors can also get compensated appropriately to opportunity costs.</span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Anirvan Ghosh Dastidar, CEO of Standard Chartered Bank Nepal Limited (SCBNL) said, “Sustainable finance can help Nepal in leveraging its potential for renewable energy by providing the necessary funding and support to help us transition towards a more sustainable and low-carbon future. We must speed up sustainable investments and increase their scope in Nepal.”</span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Likewise, Professor Dr. Achyut Wagle stressed on the search for and use of new financing tools for Nepal to achieve its ambitious development goals as public finance has its own limitations.</span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">The recently-held conference also had technical sessions on macroeconomics of investment, legal,</span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">institutional and implementation arrangements related to investment, tools and scope of financing in</span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Nepal along with resource mobilisation and disruption prevention.</span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">The conference was attended by senior secretaries, government officials, diplomats, representatives of the development partners, private sector, banks and financial institutions, experts, researchers and academicians. </span></span></p>
<p> </p>
<p> </p>
<p> </p>
',
'published' => true,
'created' => '2023-05-16',
'modified' => '2023-05-16',
'keywords' => '',
'description' => '',
'sortorder' => '17611',
'image' => '20230516050745_066A5713.jpg',
'article_date' => '2023-05-16 17:05:15',
'homepage' => false,
'breaking_news' => false,
'main_news' => true,
'in_scroller' => false,
'user_id' => '34'
),
'ArticleCategory' => array(
'id' => '1',
'name' => 'NEWS',
'parentOf' => '0',
'published' => true,
'registered' => '2015-07-20 00:00:00',
'sortorder' => '158',
'del_flag' => '0',
'homepage' => true,
'display_in_menu' => true,
'user_id' => '1',
'created' => '0000-00-00 00:00:00',
'modified' => '2018-11-22 11:58:49'
),
'User' => array(
'password' => '*****',
'id' => '34',
'user_detail_id' => '1',
'group_id' => '1',
'username' => 'neeraj.roy@newbusinessage.com',
'name' => null,
'email' => 'neeraj.roy@newbusinessage.com',
'address' => null,
'gender' => null,
'access' => '1',
'phone' => null,
'access_type' => null,
'activated' => true,
'sortorder' => null,
'published' => null,
'created' => '2020-07-19 16:40:23',
'last_login' => '2024-08-13 13:55:06',
'ip' => '172.69.41.137'
),
'ArticleComment' => array(),
'ArticleFeature' => array(),
'ArticleHasAuthor' => array(),
'ArticleHasTag' => array(),
'ArticleView' => array(
(int) 0 => array(
[maximum depth reached]
)
),
'Slider' => array()
),
'current_user' => null,
'logged_in' => false
)
$article = array(
'Article' => array(
'id' => '17880',
'article_category_id' => '1',
'title' => 'Finance Minister Bats for New Financing Tools for Resource Mobilisation',
'sub_title' => 'IBN and Standard Chartered Jointly organise International Conference on Financing for Nepal',
'summary' => 'May 16: Finance Minister Dr Prakash Sharan Mahat emphasised on the importance of new financing tools that are needed for mobilising resources in addition to investments.',
'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">May 16: Finance Minister Dr Prakash Sharan Mahat emphasised on the importance of new financing tools that are needed for mobilising resources in addition to investments.</span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Speaking at the opening session of the ‘International Conference on Financing for Nepal’ 2023 which was jointly organized by the Investment Board Nepal (IBN) and Standard Chartered Bank Nepal Limited (SCBNL) in collaboration the Society of Economic Journalists – Nepal (SEJON), Finance Minister Mahat said instead of ‘repackaging’ the resources available in the existing structures and arrangements, there is a need to look for the availability of additional resources. </span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">He stressed on the importance of building a positive macroeconomic story for Nepal, when there are important aspects including no defaults for the country, healthy debt profile, a demographic dividend and digital penetration.</span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Addressing the opening session of the conference, Prime Minister and Chairman of the Investment Board Pushpa Kamal Dahal shared that this conference will present the latest financial tools and measures needed for economic and social development of the country and also reassured the government’s commitment for legal, institutional and procedural reforms to promote, facilitate and encourage private investment. </span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">The PM also highlighted that the recommendations from national and international participants during the conference can be included in the upcoming annual fiscal budget and monetary policy.</span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Besides Finance Minister Dr Prakash Sharan Mahat, Chief Executive Officer (CEO) of Investment Board Nepal Sushil Bhatta; Registrar of Kathmandu University Prof Dr Achyut Wagle; CEO of Standard Chartered Bank Nepal Limited, Anirvan Ghosh Dastidar; SeniorSustainability Advisor of Standard Chartered Bank UK, Dr John Murton; and, the President of SEJON, Janardan Baral addressed the opening session.</span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Sushil Bhatta, CEO of the Investment Board Nepal (IBN), held the view that the returns of projects will increase with the mix of resources obtained from various financial sources and investors can also get compensated appropriately to opportunity costs.</span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Anirvan Ghosh Dastidar, CEO of Standard Chartered Bank Nepal Limited (SCBNL) said, “Sustainable finance can help Nepal in leveraging its potential for renewable energy by providing the necessary funding and support to help us transition towards a more sustainable and low-carbon future. We must speed up sustainable investments and increase their scope in Nepal.”</span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Likewise, Professor Dr. Achyut Wagle stressed on the search for and use of new financing tools for Nepal to achieve its ambitious development goals as public finance has its own limitations.</span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">The recently-held conference also had technical sessions on macroeconomics of investment, legal,</span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">institutional and implementation arrangements related to investment, tools and scope of financing in</span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Nepal along with resource mobilisation and disruption prevention.</span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">The conference was attended by senior secretaries, government officials, diplomats, representatives of the development partners, private sector, banks and financial institutions, experts, researchers and academicians. </span></span></p>
<p> </p>
<p> </p>
<p> </p>
',
'published' => true,
'created' => '2023-05-16',
'modified' => '2023-05-16',
'keywords' => '',
'description' => '',
'sortorder' => '17611',
'image' => '20230516050745_066A5713.jpg',
'article_date' => '2023-05-16 17:05:15',
'homepage' => false,
'breaking_news' => false,
'main_news' => true,
'in_scroller' => false,
'user_id' => '34'
),
'ArticleCategory' => array(
'id' => '1',
'name' => 'NEWS',
'parentOf' => '0',
'published' => true,
'registered' => '2015-07-20 00:00:00',
'sortorder' => '158',
'del_flag' => '0',
'homepage' => true,
'display_in_menu' => true,
'user_id' => '1',
'created' => '0000-00-00 00:00:00',
'modified' => '2018-11-22 11:58:49'
),
'User' => array(
'password' => '*****',
'id' => '34',
'user_detail_id' => '1',
'group_id' => '1',
'username' => 'neeraj.roy@newbusinessage.com',
'name' => null,
'email' => 'neeraj.roy@newbusinessage.com',
'address' => null,
'gender' => null,
'access' => '1',
'phone' => null,
'access_type' => null,
'activated' => true,
'sortorder' => null,
'published' => null,
'created' => '2020-07-19 16:40:23',
'last_login' => '2024-08-13 13:55:06',
'ip' => '172.69.41.137'
),
'ArticleComment' => array(),
'ArticleFeature' => array(),
'ArticleHasAuthor' => array(),
'ArticleHasTag' => array(),
'ArticleView' => array(
(int) 0 => array(
'article_id' => '17880',
'hit' => '477'
)
),
'Slider' => array()
)
$current_user = null
$logged_in = false
simplexml_load_file - [internal], line ??
include - APP/View/Elements/side_bar.ctp, line 60
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::_renderElement() - CORE/Cake/View/View.php, line 1224
View::element() - CORE/Cake/View/View.php, line 418
include - APP/View/Articles/view.ctp, line 391
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::render() - CORE/Cake/View/View.php, line 473
Controller::render() - CORE/Cake/Controller/Controller.php, line 968
Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200
Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167
[main] - APP/webroot/index.php, line 117
file not found!
Notice (8): Undefined variable: file [APP/View/Elements/side_bar.ctp, line 133]
$viewFile = '/var/www/html/newbusinessage.com/app/View/Elements/side_bar.ctp'
$dataForView = array(
'article' => array(
'Article' => array(
'id' => '17880',
'article_category_id' => '1',
'title' => 'Finance Minister Bats for New Financing Tools for Resource Mobilisation',
'sub_title' => 'IBN and Standard Chartered Jointly organise International Conference on Financing for Nepal',
'summary' => 'May 16: Finance Minister Dr Prakash Sharan Mahat emphasised on the importance of new financing tools that are needed for mobilising resources in addition to investments.',
'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">May 16: Finance Minister Dr Prakash Sharan Mahat emphasised on the importance of new financing tools that are needed for mobilising resources in addition to investments.</span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Speaking at the opening session of the ‘International Conference on Financing for Nepal’ 2023 which was jointly organized by the Investment Board Nepal (IBN) and Standard Chartered Bank Nepal Limited (SCBNL) in collaboration the Society of Economic Journalists – Nepal (SEJON), Finance Minister Mahat said instead of ‘repackaging’ the resources available in the existing structures and arrangements, there is a need to look for the availability of additional resources. </span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">He stressed on the importance of building a positive macroeconomic story for Nepal, when there are important aspects including no defaults for the country, healthy debt profile, a demographic dividend and digital penetration.</span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Addressing the opening session of the conference, Prime Minister and Chairman of the Investment Board Pushpa Kamal Dahal shared that this conference will present the latest financial tools and measures needed for economic and social development of the country and also reassured the government’s commitment for legal, institutional and procedural reforms to promote, facilitate and encourage private investment. </span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">The PM also highlighted that the recommendations from national and international participants during the conference can be included in the upcoming annual fiscal budget and monetary policy.</span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Besides Finance Minister Dr Prakash Sharan Mahat, Chief Executive Officer (CEO) of Investment Board Nepal Sushil Bhatta; Registrar of Kathmandu University Prof Dr Achyut Wagle; CEO of Standard Chartered Bank Nepal Limited, Anirvan Ghosh Dastidar; SeniorSustainability Advisor of Standard Chartered Bank UK, Dr John Murton; and, the President of SEJON, Janardan Baral addressed the opening session.</span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Sushil Bhatta, CEO of the Investment Board Nepal (IBN), held the view that the returns of projects will increase with the mix of resources obtained from various financial sources and investors can also get compensated appropriately to opportunity costs.</span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Anirvan Ghosh Dastidar, CEO of Standard Chartered Bank Nepal Limited (SCBNL) said, “Sustainable finance can help Nepal in leveraging its potential for renewable energy by providing the necessary funding and support to help us transition towards a more sustainable and low-carbon future. We must speed up sustainable investments and increase their scope in Nepal.”</span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Likewise, Professor Dr. Achyut Wagle stressed on the search for and use of new financing tools for Nepal to achieve its ambitious development goals as public finance has its own limitations.</span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">The recently-held conference also had technical sessions on macroeconomics of investment, legal,</span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">institutional and implementation arrangements related to investment, tools and scope of financing in</span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Nepal along with resource mobilisation and disruption prevention.</span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">The conference was attended by senior secretaries, government officials, diplomats, representatives of the development partners, private sector, banks and financial institutions, experts, researchers and academicians. </span></span></p>
<p> </p>
<p> </p>
<p> </p>
',
'published' => true,
'created' => '2023-05-16',
'modified' => '2023-05-16',
'keywords' => '',
'description' => '',
'sortorder' => '17611',
'image' => '20230516050745_066A5713.jpg',
'article_date' => '2023-05-16 17:05:15',
'homepage' => false,
'breaking_news' => false,
'main_news' => true,
'in_scroller' => false,
'user_id' => '34'
),
'ArticleCategory' => array(
'id' => '1',
'name' => 'NEWS',
'parentOf' => '0',
'published' => true,
'registered' => '2015-07-20 00:00:00',
'sortorder' => '158',
'del_flag' => '0',
'homepage' => true,
'display_in_menu' => true,
'user_id' => '1',
'created' => '0000-00-00 00:00:00',
'modified' => '2018-11-22 11:58:49'
),
'User' => array(
'password' => '*****',
'id' => '34',
'user_detail_id' => '1',
'group_id' => '1',
'username' => 'neeraj.roy@newbusinessage.com',
'name' => null,
'email' => 'neeraj.roy@newbusinessage.com',
'address' => null,
'gender' => null,
'access' => '1',
'phone' => null,
'access_type' => null,
'activated' => true,
'sortorder' => null,
'published' => null,
'created' => '2020-07-19 16:40:23',
'last_login' => '2024-08-13 13:55:06',
'ip' => '172.69.41.137'
),
'ArticleComment' => array(),
'ArticleFeature' => array(),
'ArticleHasAuthor' => array(),
'ArticleHasTag' => array(),
'ArticleView' => array(
(int) 0 => array(
[maximum depth reached]
)
),
'Slider' => array()
),
'current_user' => null,
'logged_in' => false
)
$article = array(
'Article' => array(
'id' => '17880',
'article_category_id' => '1',
'title' => 'Finance Minister Bats for New Financing Tools for Resource Mobilisation',
'sub_title' => 'IBN and Standard Chartered Jointly organise International Conference on Financing for Nepal',
'summary' => 'May 16: Finance Minister Dr Prakash Sharan Mahat emphasised on the importance of new financing tools that are needed for mobilising resources in addition to investments.',
'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">May 16: Finance Minister Dr Prakash Sharan Mahat emphasised on the importance of new financing tools that are needed for mobilising resources in addition to investments.</span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Speaking at the opening session of the ‘International Conference on Financing for Nepal’ 2023 which was jointly organized by the Investment Board Nepal (IBN) and Standard Chartered Bank Nepal Limited (SCBNL) in collaboration the Society of Economic Journalists – Nepal (SEJON), Finance Minister Mahat said instead of ‘repackaging’ the resources available in the existing structures and arrangements, there is a need to look for the availability of additional resources. </span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">He stressed on the importance of building a positive macroeconomic story for Nepal, when there are important aspects including no defaults for the country, healthy debt profile, a demographic dividend and digital penetration.</span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Addressing the opening session of the conference, Prime Minister and Chairman of the Investment Board Pushpa Kamal Dahal shared that this conference will present the latest financial tools and measures needed for economic and social development of the country and also reassured the government’s commitment for legal, institutional and procedural reforms to promote, facilitate and encourage private investment. </span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">The PM also highlighted that the recommendations from national and international participants during the conference can be included in the upcoming annual fiscal budget and monetary policy.</span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Besides Finance Minister Dr Prakash Sharan Mahat, Chief Executive Officer (CEO) of Investment Board Nepal Sushil Bhatta; Registrar of Kathmandu University Prof Dr Achyut Wagle; CEO of Standard Chartered Bank Nepal Limited, Anirvan Ghosh Dastidar; SeniorSustainability Advisor of Standard Chartered Bank UK, Dr John Murton; and, the President of SEJON, Janardan Baral addressed the opening session.</span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Sushil Bhatta, CEO of the Investment Board Nepal (IBN), held the view that the returns of projects will increase with the mix of resources obtained from various financial sources and investors can also get compensated appropriately to opportunity costs.</span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Anirvan Ghosh Dastidar, CEO of Standard Chartered Bank Nepal Limited (SCBNL) said, “Sustainable finance can help Nepal in leveraging its potential for renewable energy by providing the necessary funding and support to help us transition towards a more sustainable and low-carbon future. We must speed up sustainable investments and increase their scope in Nepal.”</span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Likewise, Professor Dr. Achyut Wagle stressed on the search for and use of new financing tools for Nepal to achieve its ambitious development goals as public finance has its own limitations.</span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">The recently-held conference also had technical sessions on macroeconomics of investment, legal,</span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">institutional and implementation arrangements related to investment, tools and scope of financing in</span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Nepal along with resource mobilisation and disruption prevention.</span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">The conference was attended by senior secretaries, government officials, diplomats, representatives of the development partners, private sector, banks and financial institutions, experts, researchers and academicians. </span></span></p>
<p> </p>
<p> </p>
<p> </p>
',
'published' => true,
'created' => '2023-05-16',
'modified' => '2023-05-16',
'keywords' => '',
'description' => '',
'sortorder' => '17611',
'image' => '20230516050745_066A5713.jpg',
'article_date' => '2023-05-16 17:05:15',
'homepage' => false,
'breaking_news' => false,
'main_news' => true,
'in_scroller' => false,
'user_id' => '34'
),
'ArticleCategory' => array(
'id' => '1',
'name' => 'NEWS',
'parentOf' => '0',
'published' => true,
'registered' => '2015-07-20 00:00:00',
'sortorder' => '158',
'del_flag' => '0',
'homepage' => true,
'display_in_menu' => true,
'user_id' => '1',
'created' => '0000-00-00 00:00:00',
'modified' => '2018-11-22 11:58:49'
),
'User' => array(
'password' => '*****',
'id' => '34',
'user_detail_id' => '1',
'group_id' => '1',
'username' => 'neeraj.roy@newbusinessage.com',
'name' => null,
'email' => 'neeraj.roy@newbusinessage.com',
'address' => null,
'gender' => null,
'access' => '1',
'phone' => null,
'access_type' => null,
'activated' => true,
'sortorder' => null,
'published' => null,
'created' => '2020-07-19 16:40:23',
'last_login' => '2024-08-13 13:55:06',
'ip' => '172.69.41.137'
),
'ArticleComment' => array(),
'ArticleFeature' => array(),
'ArticleHasAuthor' => array(),
'ArticleHasTag' => array(),
'ArticleView' => array(
(int) 0 => array(
'article_id' => '17880',
'hit' => '477'
)
),
'Slider' => array()
)
$current_user = null
$logged_in = false
$xml = false
include - APP/View/Elements/side_bar.ctp, line 133
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::_renderElement() - CORE/Cake/View/View.php, line 1224
View::element() - CORE/Cake/View/View.php, line 418
include - APP/View/Articles/view.ctp, line 391
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::render() - CORE/Cake/View/View.php, line 473
Controller::render() - CORE/Cake/Controller/Controller.php, line 968
Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200
Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167
[main] - APP/webroot/index.php, line 117
Warning (2): simplexml_load_file() [<a href='http://php.net/function.simplexml-load-file'>function.simplexml-load-file</a>]: I/O warning : failed to load external entity "" [APP/View/Elements/side_bar.ctp, line 133]
$viewFile = '/var/www/html/newbusinessage.com/app/View/Elements/side_bar.ctp'
$dataForView = array(
'article' => array(
'Article' => array(
'id' => '17880',
'article_category_id' => '1',
'title' => 'Finance Minister Bats for New Financing Tools for Resource Mobilisation',
'sub_title' => 'IBN and Standard Chartered Jointly organise International Conference on Financing for Nepal',
'summary' => 'May 16: Finance Minister Dr Prakash Sharan Mahat emphasised on the importance of new financing tools that are needed for mobilising resources in addition to investments.',
'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">May 16: Finance Minister Dr Prakash Sharan Mahat emphasised on the importance of new financing tools that are needed for mobilising resources in addition to investments.</span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Speaking at the opening session of the ‘International Conference on Financing for Nepal’ 2023 which was jointly organized by the Investment Board Nepal (IBN) and Standard Chartered Bank Nepal Limited (SCBNL) in collaboration the Society of Economic Journalists – Nepal (SEJON), Finance Minister Mahat said instead of ‘repackaging’ the resources available in the existing structures and arrangements, there is a need to look for the availability of additional resources. </span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">He stressed on the importance of building a positive macroeconomic story for Nepal, when there are important aspects including no defaults for the country, healthy debt profile, a demographic dividend and digital penetration.</span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Addressing the opening session of the conference, Prime Minister and Chairman of the Investment Board Pushpa Kamal Dahal shared that this conference will present the latest financial tools and measures needed for economic and social development of the country and also reassured the government’s commitment for legal, institutional and procedural reforms to promote, facilitate and encourage private investment. </span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">The PM also highlighted that the recommendations from national and international participants during the conference can be included in the upcoming annual fiscal budget and monetary policy.</span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Besides Finance Minister Dr Prakash Sharan Mahat, Chief Executive Officer (CEO) of Investment Board Nepal Sushil Bhatta; Registrar of Kathmandu University Prof Dr Achyut Wagle; CEO of Standard Chartered Bank Nepal Limited, Anirvan Ghosh Dastidar; SeniorSustainability Advisor of Standard Chartered Bank UK, Dr John Murton; and, the President of SEJON, Janardan Baral addressed the opening session.</span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Sushil Bhatta, CEO of the Investment Board Nepal (IBN), held the view that the returns of projects will increase with the mix of resources obtained from various financial sources and investors can also get compensated appropriately to opportunity costs.</span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Anirvan Ghosh Dastidar, CEO of Standard Chartered Bank Nepal Limited (SCBNL) said, “Sustainable finance can help Nepal in leveraging its potential for renewable energy by providing the necessary funding and support to help us transition towards a more sustainable and low-carbon future. We must speed up sustainable investments and increase their scope in Nepal.”</span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Likewise, Professor Dr. Achyut Wagle stressed on the search for and use of new financing tools for Nepal to achieve its ambitious development goals as public finance has its own limitations.</span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">The recently-held conference also had technical sessions on macroeconomics of investment, legal,</span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">institutional and implementation arrangements related to investment, tools and scope of financing in</span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Nepal along with resource mobilisation and disruption prevention.</span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">The conference was attended by senior secretaries, government officials, diplomats, representatives of the development partners, private sector, banks and financial institutions, experts, researchers and academicians. </span></span></p>
<p> </p>
<p> </p>
<p> </p>
',
'published' => true,
'created' => '2023-05-16',
'modified' => '2023-05-16',
'keywords' => '',
'description' => '',
'sortorder' => '17611',
'image' => '20230516050745_066A5713.jpg',
'article_date' => '2023-05-16 17:05:15',
'homepage' => false,
'breaking_news' => false,
'main_news' => true,
'in_scroller' => false,
'user_id' => '34'
),
'ArticleCategory' => array(
'id' => '1',
'name' => 'NEWS',
'parentOf' => '0',
'published' => true,
'registered' => '2015-07-20 00:00:00',
'sortorder' => '158',
'del_flag' => '0',
'homepage' => true,
'display_in_menu' => true,
'user_id' => '1',
'created' => '0000-00-00 00:00:00',
'modified' => '2018-11-22 11:58:49'
),
'User' => array(
'password' => '*****',
'id' => '34',
'user_detail_id' => '1',
'group_id' => '1',
'username' => 'neeraj.roy@newbusinessage.com',
'name' => null,
'email' => 'neeraj.roy@newbusinessage.com',
'address' => null,
'gender' => null,
'access' => '1',
'phone' => null,
'access_type' => null,
'activated' => true,
'sortorder' => null,
'published' => null,
'created' => '2020-07-19 16:40:23',
'last_login' => '2024-08-13 13:55:06',
'ip' => '172.69.41.137'
),
'ArticleComment' => array(),
'ArticleFeature' => array(),
'ArticleHasAuthor' => array(),
'ArticleHasTag' => array(),
'ArticleView' => array(
(int) 0 => array(
[maximum depth reached]
)
),
'Slider' => array()
),
'current_user' => null,
'logged_in' => false
)
$article = array(
'Article' => array(
'id' => '17880',
'article_category_id' => '1',
'title' => 'Finance Minister Bats for New Financing Tools for Resource Mobilisation',
'sub_title' => 'IBN and Standard Chartered Jointly organise International Conference on Financing for Nepal',
'summary' => 'May 16: Finance Minister Dr Prakash Sharan Mahat emphasised on the importance of new financing tools that are needed for mobilising resources in addition to investments.',
'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">May 16: Finance Minister Dr Prakash Sharan Mahat emphasised on the importance of new financing tools that are needed for mobilising resources in addition to investments.</span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Speaking at the opening session of the ‘International Conference on Financing for Nepal’ 2023 which was jointly organized by the Investment Board Nepal (IBN) and Standard Chartered Bank Nepal Limited (SCBNL) in collaboration the Society of Economic Journalists – Nepal (SEJON), Finance Minister Mahat said instead of ‘repackaging’ the resources available in the existing structures and arrangements, there is a need to look for the availability of additional resources. </span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">He stressed on the importance of building a positive macroeconomic story for Nepal, when there are important aspects including no defaults for the country, healthy debt profile, a demographic dividend and digital penetration.</span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Addressing the opening session of the conference, Prime Minister and Chairman of the Investment Board Pushpa Kamal Dahal shared that this conference will present the latest financial tools and measures needed for economic and social development of the country and also reassured the government’s commitment for legal, institutional and procedural reforms to promote, facilitate and encourage private investment. </span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">The PM also highlighted that the recommendations from national and international participants during the conference can be included in the upcoming annual fiscal budget and monetary policy.</span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Besides Finance Minister Dr Prakash Sharan Mahat, Chief Executive Officer (CEO) of Investment Board Nepal Sushil Bhatta; Registrar of Kathmandu University Prof Dr Achyut Wagle; CEO of Standard Chartered Bank Nepal Limited, Anirvan Ghosh Dastidar; SeniorSustainability Advisor of Standard Chartered Bank UK, Dr John Murton; and, the President of SEJON, Janardan Baral addressed the opening session.</span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Sushil Bhatta, CEO of the Investment Board Nepal (IBN), held the view that the returns of projects will increase with the mix of resources obtained from various financial sources and investors can also get compensated appropriately to opportunity costs.</span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Anirvan Ghosh Dastidar, CEO of Standard Chartered Bank Nepal Limited (SCBNL) said, “Sustainable finance can help Nepal in leveraging its potential for renewable energy by providing the necessary funding and support to help us transition towards a more sustainable and low-carbon future. We must speed up sustainable investments and increase their scope in Nepal.”</span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Likewise, Professor Dr. Achyut Wagle stressed on the search for and use of new financing tools for Nepal to achieve its ambitious development goals as public finance has its own limitations.</span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">The recently-held conference also had technical sessions on macroeconomics of investment, legal,</span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">institutional and implementation arrangements related to investment, tools and scope of financing in</span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Nepal along with resource mobilisation and disruption prevention.</span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">The conference was attended by senior secretaries, government officials, diplomats, representatives of the development partners, private sector, banks and financial institutions, experts, researchers and academicians. </span></span></p>
<p> </p>
<p> </p>
<p> </p>
',
'published' => true,
'created' => '2023-05-16',
'modified' => '2023-05-16',
'keywords' => '',
'description' => '',
'sortorder' => '17611',
'image' => '20230516050745_066A5713.jpg',
'article_date' => '2023-05-16 17:05:15',
'homepage' => false,
'breaking_news' => false,
'main_news' => true,
'in_scroller' => false,
'user_id' => '34'
),
'ArticleCategory' => array(
'id' => '1',
'name' => 'NEWS',
'parentOf' => '0',
'published' => true,
'registered' => '2015-07-20 00:00:00',
'sortorder' => '158',
'del_flag' => '0',
'homepage' => true,
'display_in_menu' => true,
'user_id' => '1',
'created' => '0000-00-00 00:00:00',
'modified' => '2018-11-22 11:58:49'
),
'User' => array(
'password' => '*****',
'id' => '34',
'user_detail_id' => '1',
'group_id' => '1',
'username' => 'neeraj.roy@newbusinessage.com',
'name' => null,
'email' => 'neeraj.roy@newbusinessage.com',
'address' => null,
'gender' => null,
'access' => '1',
'phone' => null,
'access_type' => null,
'activated' => true,
'sortorder' => null,
'published' => null,
'created' => '2020-07-19 16:40:23',
'last_login' => '2024-08-13 13:55:06',
'ip' => '172.69.41.137'
),
'ArticleComment' => array(),
'ArticleFeature' => array(),
'ArticleHasAuthor' => array(),
'ArticleHasTag' => array(),
'ArticleView' => array(
(int) 0 => array(
'article_id' => '17880',
'hit' => '477'
)
),
'Slider' => array()
)
$current_user = null
$logged_in = false
$xml = false
simplexml_load_file - [internal], line ??
include - APP/View/Elements/side_bar.ctp, line 133
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::_renderElement() - CORE/Cake/View/View.php, line 1224
View::element() - CORE/Cake/View/View.php, line 418
include - APP/View/Articles/view.ctp, line 391
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::render() - CORE/Cake/View/View.php, line 473
Controller::render() - CORE/Cake/Controller/Controller.php, line 968
Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200
Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167
[main] - APP/webroot/index.php, line 117
