PM Oli assures CNI team of economic strengthening

Published On: July 19, 2024 07:55 PM NPT By: Republica  | @RepublicaNepal


KATHMANDU, July 19: Prime Minister KP Sharma Oli, expressing his commitment to strengthening the economy, has urged the private sector to trust the government.

During a meeting with a Confederation of Nepalese Industries (CNI) team on Friday, Oli emphasized that the formation of the new government is aimed at bringing about significant changes in the country.

"I did not return as Prime Minister merely to hold the position again. I have come to solve problems, bring change, and work," he stated. "The government is taking steps to strengthen the economy. Therefore, your hope and trust must be with us."

Prime Minister Oli also highlighted the need for flexibility in monetary policy to make the economy viable.

CNI President Rajesh Kumar Agrawal stressed that the government should adopt a flexible policy, noting that the economy has been sluggish for the past three years. He pointed out that the previous contractionary monetary policy had reduced overall market demand, further slowing down the economy.

The CNI delegation, which met the Prime Minister at Baluwatar, included former presidents Bishnu Kumar Agrawal, Satish Kumar More and Hari Bhakta Sharma, Vice Presidents Nirvana Chaudhary, Birendra Raj Pandey, Raj Bahadur Shah, Amit More, Bhim Ghimire, and others.          

 


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