April 28: Former Vice Chair of the National Planning Commission (NPC) Deependra Bahadur Kshetry has advised the government to live up to the promises it has made to the investors in order to ensure the success of the Investment Summit.    
Talking to RSS on the eve of the Nepal Investment Summit (April 28-29) on Saturday, Kshetry stressed that the government should assure potential investors with all sorts of facilities to them as per its commitments.

"We should not believe that investors will come to invest haphazardly. Investors turn ready to pour their money into new area if they are convinced of a conducive environment," he shared.    
Despite having abundant capital for investment, investors will use their conscience and get ready to take a risk upon the assessment of relative comparative benefits.    
"We face a capital crisis. Again, unfortunately, the limited capital allotted by the government through the budget has remained frozen. In this situation, the government should convince foreign investors that it yearns to introduce technologies and management skills in addition to capital through the Investment Summit," the former Nepal Rastra Bank (NRB) governor said.    
According to him, Nepal has not been yet able to ensure a sovereign credit rating.

“We are yet to audit the country's situation for receiving loans which is the need of the hour. Potential investors always calculate the objective situation before deciding to invest,” Kshetry reminded.  --  RSS