Economy improving, claims FinMin Mahat

Published On: December 26, 2023 08:19 PM NPT By: Republica  | @RepublicaNepal

Chitwan, Dec 26: Finance Minister Dr Prakash Sharan Mahat has said the country's economy is improving and the economic indicators are now positive.

Talking to media persons at the Bharatpur Airport today, Minister Mahat shared, "The negative publicity that there is no future in Nepal and no one should invest in Nepal has ended. Now, an environment of investment has been built in the country."

Although attempts were made to spoil the investment climate, the economy has come to a comfortable state, he stressed. 

The Finance Minister said, "Self-confidence of investors has risen. The future is beautiful if we move ahead with the message – let us invest by identifying areas of investment." Urging one and all to invest and spend without any doubt, he clarified that the government has the policy of investing in profitable industries.

Minister Mahat further said the share market is rebounding gradually and a remarkable number of tourists have visited Nepal. "There is improvement in the real estate business. There are enough prospects of profit if investment is focused on infrastructure."

He called for investment in the tourism sector, which has immense potential. Mahat opined the recent decision of the Nepal Rastra Bank has addressed the problems of entrepreneurs.



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