Former Finance Minister Rameshwor Khanal Discusses Nepal's Economic Challenges and Government Policies

Kathmandu. Rameshwor Khanal, who has 31 years of experience in Nepal's civil administration, had the opportunity to manage the policy level of the bureaucracy and the political leadership (Finance Minister). He took charge of the Ministry of Finance during a period of extreme instability and economic crisis and went into the interim government. He also succeeded in bringing the economy back on track within a period of six months.

Currently, although the numbers in the country's economy appear positive, there is extreme stagnation in the market. Even though money is piled up in banks, investment is not happening due to the loss of confidence in the private sector. On the other hand, the new government has an ambitious action plan to build an economy of 100 billion dollars within five years. The government is arresting businessmen and middlemen.