Hopes On Hospitality

Mobilising domestic and foreign investment is crucial for building vital infrastructure, creating jobs and collecting targeted amount of revenue. The flow of foreign direct investment is necessary to give impetus to the economy. Currently, Nepal’s economy is on the recovery path from long recession caused by the COVID-19 pandemic. Trade deficit, inflation, low capital spending, and poor foreign direct investment and revenue collection are still affecting the economy. It is necessary to replace the import-based economy by investing in small and medium sized enterprises and agriculture sector.