Finance Minister Aims to Transform Nepal into a 'Nation of Hardworking People'

Kathmandu. Finance Minister Dr. Swarnim Wagley has stated that the goal is to develop the economy in a way that introduces Nepal as a 'nation of hardworking people'.

During a meeting with current and former officials of the Nepal Chamber of Commerce on Tuesday, he mentioned that the government is moving forward with a strong resolve to build the nation and emphasized that collaboration with the private sector is essential to strengthen the economy.

In the meeting, Finance Minister Wagley committed that the state would provide an environment and necessary facilities for industrialists and businesspeople to flourish freely. "The state will give you the facility to fly and expand; we have come with the burning desire to build the nation," he said, "Let's join hands to strengthen the economy." He assured that he would take full guarantee that honest industrialists would not be defamed due to legal loopholes or face unnecessary harassment from state agencies.

Stating that the government is ready to do everything necessary for the development of industry and the economy, Dr. Wagley also expects full honesty from the private sector.

He said, "If the private sector is honest, the state will support you wholeheartedly. However, the government will be ruthless towards planned and sponsored mistakes and dishonesty." He also called on all stakeholders to stand together for the overall development of the country.

Furthermore, addressing the concerns seen in the private sector regarding Nepal's graduation from Least Developed Country (LDC) status, Finance Minister Wagley assured that this process would not happen immediately. Acknowledging the worries and interests of the private sector, he urged businesspeople to focus on investment and enterprise with confidence.