Kathmandu, Oct. 31
A high-level public–private dialogue was held in
Kathmandu on Friday to discuss the economic impact of the nationwide Gen-Z
Movement in September, which caused widespread damage to property and disrupted
private sector activities across the country.
The dialogue focused on assessing the movement’s
consequences for investors, sharing private sector experiences, and identifying
necessary policy and institutional measures to restore business confidence and
move the economy forward, informed the Confederation of Nepalese Industries
(CNI) that organised the dialogue jointly with the Investment Board of Nepal
(IBN).
Finance Minister Rameshore Prasad Khanal said the
government had placed policy reforms at the top of its economic agenda, adding
that several initiatives were already being felt by the private sector. He
urged both domestic and foreign investors to remain confident about the
government’s commitment to protecting investments and ensuring security.
Home Minister Om Prasad Aryal assured that the Home
Ministry had taken the private sector’s security concerns seriously and
emphasised that good governance was vital not only in government institutions
but also within private enterprises. Similarly, Industry Minister Anil Sinha
said efforts were under way to resolve pending issues in different government
bodies, giving top priority to procedural reforms apart from those requiring
legal amendments.
Governor of the Nepal Rastra Bank Dr. Bishwonath Paudel
noted that banks and financial institutions currently hold sufficient
investable funds, making Nepal’s investment environment favourable,
particularly in infrastructure development.
CNI President Birendra Raj Pandey expressed concern over
the destruction of public and private property during the protests, urging the
government to expedite the digitalisation of public services to make them
faceless, paperless, and contactless — essential steps to enhance transparency
and curb corruption.
Likewise, FNCCI President Chandra Prasad Dhakal warned
that repeated attacks on industries had exposed Nepal’s weak industrial
security framework and dampened investor confidence.
IBN's CEO Sushil Gyawali announced that the Board would
soon introduce a single-window service system to streamline project
registration and approval, ensuring a more efficient and investor-friendly
environment in Nepal.
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