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Monetary Policy should be Investment Friendly: Private sector

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April 27: Private sector of the country has urged the government to bring monetary policy that helps attract foreign investment in the country.

As the government is in the process of preparing budget for the Fiscal Year 2018/2019, the private sector has drawn the attention of the government stating that investment-friendly policy will help the industrial and productive sector of the country to grow rapidly.

The private sector said so in a program organized by the Management Association of Nepal (MAN) in Kathmandu on Thursday, April 26. Speaking at the event, President of the Confederation of Nepalese Industries (CNI) Hari Bhakta Sharma said that the monetary policy should ensure foreign investment in the productive sector of the country.

 “The policies should be reformed. The country should be self-reliant on basic needs," he said, adding that the monetary policy should address all the issues.

 

 

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