Nepal Chamber of Commerce President Kamlesh Agrawal has said that Nepal’s economy is currently in a phase of economic transition. Speaking at the 16th Annual General Meeting of the Nepal Forum of Economic Journalists (NAFEJ), he stated that the private sector is facing a shortage of investable capital, while the banking sector is dealing with excess liquidity and challenges in managing declining interest rates.
He further noted that the investment environment is uncertain and there is pressure on government revenue collection. Although the government claims to support the private sector, Agrawal questioned the tenure of the interim government. He expressed concerns that policies introduced by the interim government may be reversed by a permanent government, posing risks to private-sector investments.
Agrawal also pointed out that incorrect information, unverified news, and unnecessary hype in financial journalism can create instability in the market.
He emphasized that the government should formulate policies, the private sector should run the economy, regulators must maintain discipline, and journalists should ensure transparency and accurate dissemination of information.
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