Viability of the infrastructure bank
kathmandupost.com · Sat Apr 06 14:44:51 UTC 2024

It prompts inquiry into why the government ostensibly chose to venture into the banking sector.
For a developing country like Nepal, the role of the government’s vision, priorities, and delivery mechanisms cannot be overstated in the economic development discourse. In Nepal however, a disconcerting reality emerges: Flawed visions, misplaced priorities, and inefficient delivery mechanisms have thwarted the nation's path to prosperity. The establishment of the Nepal Infrastructure Bank Limited (NIFRA)—a bank for investment—spearheaded by governmental bureaucracy, symbolises a poignant illustration of these systemic shortcomings.
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