KATHMANDU: Confederation of Nepalese Industries Young Entrepreneurs Forum (CNIYEF) on Tuesday organised an interaction programme with Nepal Rastra Bank (NRB) Governor Maha Prasad Adhikari.
The programme was organised to get insight into the country's financial landscape. Governor Adhikari shared his insights on Nepal's economy and fiscal policies.
Adhikari discussed various topics including liquidity, interest rates, recession and the current situation of the national economy. He shared, “The entire world has gone through economic instability in the past few years and to be honest Nepal’s banks and the financial sector are strong. Hence, we were able to sustain through the Covid 19 pandemic.”
He also talked about the ban imposed on the import of luxury items last year and said that that we will not face such problems in the future. He said the country lacks market studies, and argued that the government can help in economic growth to some extent but totally depending on the government with the lack of study will not bring a good result.”
There was an exchange of ideas on finding solutions to issues related to current economic challenges including foreign exchange reserves, high-interest rates, monetary policy, and market inconsistencies.
On the occasion, the NRB Governor informed about the government's initiatives to boost the economy and the prospect of assistance to the various sectors hit hard by the recession.
The interaction served as a potent reminder of the value of working with forward-thinking leaders at all levels to build a better future for everybody.
CNIYEF is the initiative taken by the Confederation of Nepalese Industries (CNI) to bring together young business leaders so as to groom them to be the next generation of business leaders for Nepal. The main objective of this forum is to help its members realise their full potential so that young entrepreneurs can contribute fresh, effective ideas and feedback for the future of Nepal’s businesses.
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He also talked about the ban imposed on the import of luxury items last year and said that that we will not face such problems in the future. He said the country lacks market studies, and argued that the government can help in economic growth to some extent but totally depending on the government with the lack of study will not bring a good result.”
There was an exchange of ideas on finding solutions to issues related to current economic challenges including foreign exchange reserves, high-interest rates, monetary policy, and market inconsistencies.
On the occasion, the NRB Governor informed about the government's initiatives to boost the economy and the prospect of assistance to the various sectors hit hard by the recession.
The interaction served as a potent reminder of the value of working with forward-thinking leaders at all levels to build a better future for everybody.
CNIYEF is the initiative taken by the Confederation of Nepalese Industries (CNI) to bring together young business leaders so as to groom them to be the next generation of business leaders for Nepal. The main objective of this forum is to help its members realise their full potential so that young entrepreneurs can contribute fresh, effective ideas and feedback for the future of Nepal’s businesses.
READ ALSO:
Published Date: April 6, 2023, 12:00 am
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