5 August 2024, Kathmandu
The Confederation of Nepalese Industries (CNI) held a significant discussion with the newly appointed Chief Secretary Ek Narayan Aryal today.
Private Sector Experience Economic Reforms
During the meeting, CNI extended congratulations and best wishes to the Chief Secretary and discussed key issues that should be prioritized for the development and prosperity of Nepal’s economy.
CNI President Rajesh Kumar Agrawal congratulated Chief Secretary Aryal on his appointment and emphasized the need for policy stability and legal reforms to ensure sustainable economic growth in Nepal. Agrawal stated, “Although some economic indicators appear positive, the productive sectors and the construction industry are still not fully dynamic.” He stressed the importance of increasing the use of domestic products and ensuring the effective implementation of the national budget to achieve comprehensive development.
Policy Reforms and Support from the Private Sector
Chief Secretary Aryal highlighted the importance of collaboration with the private sector to strengthen Nepal’s economy. He mentioned that recent legal reforms had shown positive impacts and pledged to continue efforts to bring further legal improvements. Aryal confidently stated, “During my tenure, the private sector will definitely feel the effects of economic reforms and progress.”
CNI’s Suggestions and Demands
During the discussion, CNI Vice Presidents Birendra Raj Pandey, Amit More, and other officials also extended their congratulations to Chief Secretary Aryal. They stressed the need for policy stability and legal consistency to improve the overall economic system of Nepal.
CNI called for stronger collaboration between the government and the private sector to drive economic growth. The confederation also urged the Chief Secretary to address the concerns of the private sector and ensure legal reforms, stability, and transparency to attract foreign investment in Nepal.
Conclusion
Cooperation between the government and the private sector is essential for Nepal’s economic development. Chief Secretary Ek Narayan Aryal has expressed his commitment to supporting the private sector through legal reforms and efforts to strengthen the nation’s economy. There is broad consensus on the importance of policy stability, effective budget implementation, and the promotion of domestic products to drive economic growth and development.
For more: Private Sector Experience Economic Reforms