“The government is still doing business despite the adoption of economic liberalisation.”
Siddhant Raj Pandey, CEO of Ace Development Bank expressing dissatisfaction on the government’s stand to run business. He is of the opinion that liberalisation policy must be further strengthened.
“The upcoming budget should be a private sector driven one.”
Bhaskar Raj Rajkarnikar, Senior Vice-President of Federation of Nepalese Chambers of Commerce and Industry (FNCCI) stating that budget for the fiscal year 2013/14 should be private sector driven as the delay in past budgets had hit the economy hard.
“The private sector proposal to allow Nepalis to invest in foreign countries does not mean that everyone who has enough money should be allowed to do so.”
Hari Bhakta Sharma, Vice President of Confederation of Nepalese Industries (CNI) asserting that the foreign investment from Nepal must be scrutinised based on company’s track record and financial capacity.
“If the government can increase its investment by 20-25 per cent, private sector can invest three times more than that.”
Ananda Raj Mulmi, Former President of Federation of Nepalese Chambers of Commerce and Industry (FNCCI) prescribing a way to achieve seven per cent economic growth.
“Nepal’s economic liberalisation was a premature baby.”
Mahesh Lal Pradhan, former Minister of Industries, Commerce and Supplies arguing that economic liberalisation in Nepal was not implemented with enough preparations so, the economy is moving through a mess.