Prime Minister Balendra Shah Discusses Economic Reforms with Private Sector Representatives

Kathmandu. Prime Minister Balendra Shah has discussed issues related to industry, business, investment environment, and economic reforms with representatives of the private sector.

In the discussion held at the Office of the Prime Minister and Council of Ministers on Wednesday, Prime Minister Shah engaged in detailed discussions on making the country's economic activities dynamic and strong, making the operation of industries and businesses easier, creating an investment-friendly environment, removing policy and procedural obstacles, enhancing the morale of the private sector, and creating employment and increasing production.

On the occasion, Prime Minister Shah mentioned that the private sector is an important partner of the government in the country's economic development, investment expansion, employment creation, and production growth, and stated that the government is ready to solve the practical problems faced by industrialists and businessmen.

He expressed commitment to prioritize necessary policy, legal, and administrative reforms for creating an industry and private sector-friendly environment.

During the discussion, private sector representatives presented suggestions regarding the promotion of industry and business, investment expansion, policy stability, simplicity in service delivery, and the need for regular and result-oriented dialogue between the government and the private sector.

Prime Minister Shah stated that the suggestions received would be taken seriously and necessary facilitation and reform measures would be carried forward through the concerned bodies. He clarified that the government would move forward in collaboration with the private sector in the campaign of economic reform.

It is believed that the high-level discussion with the heads and officials of the representative organizations of the private sector will help in promoting the country's industry and business, improving the environment for investment, and creating private sector-friendly policies in collaboration between the government and the private sector.