New Business Age
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Voices January2015

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‘Government monopoly in the import of salt and petroleum products should be ended.’
Ashok Kumar Temani, immediate past president of Birgunj Chamber of Commerce & Industries (BiCCI) and executive committee member of the Federation of Nepalese Chambers of Commerce and Industry (FNCCI). 
 
‘Nepal’s monetary policy is passive.’
Prof Dr Guna Nidhi Sharma, former vice-chairman of National Planning Commission, claiming that the country’s monetary policy hasn’t been able to play an active role in achieving economic growth and price stability.
 
‘After many years, there has been some improvement in Nepal’s investment environment in recent times. We should sustain this by promulgating the new constitution at the earliest possible.’
FNCCI President Pradeep Jung Pandey, arguing that the promulgation of the new constitution is vital for consolidating the improvements seen in the country’s investment climate in recent times.
 
‘Nepal’s banking sector has been moving forward in a disciplined manner.’
Upendra Poudyal, newly elected president of Nepal Bankers’ Association, claiming that apart from the exception of very few banks, the country’s banking system in general is fully transparent and has been following the regulator’s directives and circulars and moving forward with discipline. 

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