The projected economic growth rate of 5.5 percent is achievable.”

Nepal Rastra Bank Governor Dr Yubaraj Khatiwada while releasing the mid-term review report of the Monetary Policy for Fiscal Year 2013/14. 

 

“The Foreign Employment Act needs to be amended.”

Tanka Raut, First Vice-President of Nepal Association of Foreign Employment Agencies, stating that the government needs to amend the Foreign Employment Act to plug the loopholes in it.

 

“We have only some minor policy-level differences with FNCCI.’

Hari Bhakta Sharma, Vice-president, CNI, clarifying that there exists no major dispute between the Federation of Nepalese Chambers of Commerce and Industry (FNCCI) and the Confederation of Nepalese Industries (CNI).

 

“There has been no effort to improve the investment environment.”

Finance Minister Dr Ram Sharan Mahat claiming that not a single programme has been introduced to improve the investment environment in the country after the then Nepali Congress government introduced the ‘Good Governance and Economic Reforms’ package two decades ago.

 

“There is no choice to revising fuel prices as per the changes in the international market.” 

Mukunda Prasad Ghimire, Spokesperson, Nepal Oil Corporation, justifying the recent hike in the price of petroleum products.