header banner
ECONOMY

Exporters urge PM Oli to prioritize growth, employment, import substitution

A delegation led by the FEEN's newly elected president, Govinda Prasad Ghimire, met Prime Minister Oli today at his official residence in Baluwatar and handed over a seven-point memorandum.
alt=
By REPUBLICA

KATHMANDU, June 4: The Federation of Export Entrepreneurs Nepal (FEEN) submitted a set of recommendations to Prime Minister KP Sharma Oli, urging the government to boost exports, build national capital, create jobs, and promote import substitution.



A delegation led by the FEEN's newly elected president, Govinda Prasad Ghimire, met Prime Minister Oli today at his official residence in Baluwatar and handed over a seven-point memorandum. The FERN called on the government to prioritize economic growth and export promotion in the upcoming budget, especially amid the current economic slowdown. It also highlighted several overlooked issues and asked the government to address them promptly.


Related story

Major highlights of substitution budget introduced by Finance M...


FEEN President Govinda Prasad Ghimire urged the government to expedite the construction of the international exhibition center to attract foreign buyers to Nepal. He also called on the government to declare 2026 to 2030 as "Export Years" to increase investment and boost tourism, emphasizing the need for stronger cooperation between the government and the private sector.


After receiving the suggestions, Prime Minister KP Sharma Oli congratulated the federation's new leadership and assured that the government highly prioritizes economic growth, employment generation, and tourism promotion. He pledged to take steps to address the export entrepreneurs' genuine concerns.


Although acknowledging that the current situation limits the government's ability to provide large-scale incentives, Prime Minister Oli encouraged collective efforts to explore practical and feasible solutions.


 

See more on: import substitution
Related Stories
ECONOMY

NPC urged to bring 16th periodic plan to increase...

CNI_20220719143733.jpg
POLITICS

National Assembly passes five substitution bills

3OjlJjIQfGtpF7jCOQVv52TPZGhQDDd13SruCWbu.jpg
POLITICS

Koshi govt submits budget substitution bill

1688624744_1686147133_1685244847_koshipradessabha-1200x560-1200x560_20230706123158.jpg
ECONOMY

Substitution Budget: Oxygen and sanitary pad indus...

JanardanSharma_20210910173444.jpg
ECONOMY

Government to table substitution bill at parliamen...

budgetbriefcase_20210701190651.jpg