KATHMANDU: Finance Minister Rameshore Khanal has expressed confidence that the incoming government will take appropriate steps to address external sector challenges facing Nepal’s economy.
Speaking at the 36th anniversary of the Citizen Investment Trust in Kathmandu on Wednesday, Khanal said ongoing tensions in West Asia and Gulf countries could disrupt Nepal’s supply chain and drive up import prices.
He noted that a new government with a strong majority would be better positioned to respond effectively to such external pressures.
Khanal stressed that some decisions would need to be taken swiftly to manage emerging economic challenges.
Despite signs of improvement in the economy, the finance minister said Nepal has yet to channel idle capital into productive sectors.
“Positive indicators alone are not enough,” he said, adding that meaningful progress depends on creating jobs, mobilizing idle capital into productive investment, and ensuring easier access to capital for investors.
He also underscored the need to improve investment pathways so that capital can flow efficiently into the economy.
During the event, employees of the fund were honored, and the finance minister also unveiled a commemorative publication released by the institution.
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