Is ‘socialism-oriented economy’ holding Nepal back?
kathmandupost.com · Thu Feb 05 00:53:26 GMT 2026
Business leaders say the phrase in the preamble of the Constitution scares away investors. Some disagree.
As Nepal gears up for the March 5 elections, the Federation of Nepalese Chambers of Commerce and Industry (FNCCI) has urged political parties to remove the phrase “socialism-oriented economy” from the country’s Constitution, arguing it deters investment, confuses the private sector, and fails to reflect the country’s economic realities.
Read full story at source (kathmandupost.com)