Weekly Economic Digest: Bullish NEPSE, tax cut push, and record public debt

KATHMANDU: Last week in Nepal witnessed a dynamic economic landscape: investors advocated for a reduction in capital gains tax to stimulate market activity, while the Nepal Stock Exchange (NEPSE) displayed bullish momentum, signaling strong investor confidence.

Conversely, gold prices experienced volatility, reflecting market uncertainty. Commercial banks responded to sluggish loan demand by lowering base interest rates to seven percent, aiming to spur borrowing and economic growth.