Nepal Chamber of Commerce Urges Investor-Friendly Reforms as Government Pledges Economic Revival

During an economic dialogue organized by the Nepal Chamber of Commerce, business leaders and industrialists raised serious concerns over challenges facing Nepal’s private sector and called on the government to create a more investment-friendly environment.

Chamber President Kamlesh Kumar Agrawal stressed that boosting investor confidence, ensuring policy stability, reforming tax systems, improving the stock market, and reducing legal uncertainty, especially around anti-money laundering laws, are crucial for strengthening the economy.

Industry representatives also highlighted concerns over regulatory hurdles, banking credit issues, automobile sector restrictions, property taxation, and lack of coordination between financial and monetary policies.

Addressing the event, Finance Minister Swarnim Wagle said the government is committed to accelerating economic reforms and private sector-friendly policies. He stated that efforts are underway to simplify tax administration, expand digital systems, improve the investment climate, and work closely with the private sector to revive economic activity and drive sustainable growth.