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April 25: Stakeholders have urged the government to keep the interest rate on loans provided to the productive sector below 10 percent. They made such remarks during an interaction organised by Nepal Rastra Bank to collect suggestions for the upcoming budget.</p>
<p>
The speakers were unanimous in saying that there should not be lack of investible capital in order to encourage domestic production. This in turn would help boost the economy.</p>
<p>
NRB Governor Chiranjivi Nepal said although the country achieved high growth rate for the last three years, the increasing trade deficit has become a matter of concern. He further said that the country should not rely on remittance alone.</p>
<p>
“Remittance is not stable anywhere. If the inflow of remittance stops, the country will face financial hardship,” he said.</p>
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“The country’s export is declining while the import is increasing. In this situation, the budget will try to reduce the trade deficit,” he added.</p>
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Likewise, former president of the Confederation of Nepalese Industries Hari Bhakta Sharma said that the government must decrease the cost of ‘Doing Business’ in order to achieve high growth rate.</p>
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April 25: Stakeholders have urged the government to keep the interest rate on loans provided to the productive sector below 10 percent. They made such remarks during an interaction organised by Nepal Rastra Bank to collect suggestions for the upcoming budget.</p>
<p>
The speakers were unanimous in saying that there should not be lack of investible capital in order to encourage domestic production. This in turn would help boost the economy.</p>
<p>
NRB Governor Chiranjivi Nepal said although the country achieved high growth rate for the last three years, the increasing trade deficit has become a matter of concern. He further said that the country should not rely on remittance alone.</p>
<p>
“Remittance is not stable anywhere. If the inflow of remittance stops, the country will face financial hardship,” he said.</p>
<p>
“The country’s export is declining while the import is increasing. In this situation, the budget will try to reduce the trade deficit,” he added.</p>
<p>
Meanwhile, Shekhar Golchha, senior vice president of the Federation of Nepalese Chambers of Commerce and Industries (FNCCI) said that the cost of production in Nepal has increased due to the high rate of interest charged by banks.</p>
<p>
“The base rate of banks has reduced but we have not seen any change in the interest rate,” he said.</p>
<p>
Likewise, former president of the Confederation of Nepalese Industries Hari Bhakta Sharma said that the government must decrease the cost of ‘Doing Business’ in order to achieve high growth rate.</p>
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“There should be an environment where small and medium businesses can easily avail loan,” he said.</p>
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Notice (8): Trying to access array offset on value of type null [APP/View/Articles/view.ctp, line 115]
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'summary' => 'April 25: Stakeholders have urged the government to keep the interest rate on loans provided to the productive sector below 10 percent. ',
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April 25: Stakeholders have urged the government to keep the interest rate on loans provided to the productive sector below 10 percent. They made such remarks during an interaction organised by Nepal Rastra Bank to collect suggestions for the upcoming budget.</p>
<p>
The speakers were unanimous in saying that there should not be lack of investible capital in order to encourage domestic production. This in turn would help boost the economy.</p>
<p>
NRB Governor Chiranjivi Nepal said although the country achieved high growth rate for the last three years, the increasing trade deficit has become a matter of concern. He further said that the country should not rely on remittance alone.</p>
<p>
“Remittance is not stable anywhere. If the inflow of remittance stops, the country will face financial hardship,” he said.</p>
<p>
“The country’s export is declining while the import is increasing. In this situation, the budget will try to reduce the trade deficit,” he added.</p>
<p>
Meanwhile, Shekhar Golchha, senior vice president of the Federation of Nepalese Chambers of Commerce and Industries (FNCCI) said that the cost of production in Nepal has increased due to the high rate of interest charged by banks.</p>
<p>
“The base rate of banks has reduced but we have not seen any change in the interest rate,” he said.</p>
<p>
Likewise, former president of the Confederation of Nepalese Industries Hari Bhakta Sharma said that the government must decrease the cost of ‘Doing Business’ in order to achieve high growth rate.</p>
<p>
“There should be an environment where small and medium businesses can easily avail loan,” he said.</p>
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April 25: Stakeholders have urged the government to keep the interest rate on loans provided to the productive sector below 10 percent. They made such remarks during an interaction organised by Nepal Rastra Bank to collect suggestions for the upcoming budget.</p>
<p>
The speakers were unanimous in saying that there should not be lack of investible capital in order to encourage domestic production. This in turn would help boost the economy.</p>
<p>
NRB Governor Chiranjivi Nepal said although the country achieved high growth rate for the last three years, the increasing trade deficit has become a matter of concern. He further said that the country should not rely on remittance alone.</p>
<p>
“Remittance is not stable anywhere. If the inflow of remittance stops, the country will face financial hardship,” he said.</p>
<p>
“The country’s export is declining while the import is increasing. In this situation, the budget will try to reduce the trade deficit,” he added.</p>
<p>
Meanwhile, Shekhar Golchha, senior vice president of the Federation of Nepalese Chambers of Commerce and Industries (FNCCI) said that the cost of production in Nepal has increased due to the high rate of interest charged by banks.</p>
<p>
“The base rate of banks has reduced but we have not seen any change in the interest rate,” he said.</p>
<p>
Likewise, former president of the Confederation of Nepalese Industries Hari Bhakta Sharma said that the government must decrease the cost of ‘Doing Business’ in order to achieve high growth rate.</p>
<p>
“There should be an environment where small and medium businesses can easily avail loan,” he said.</p>
<p>
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include - APP/View/Articles/view.ctp, line 115
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::render() - CORE/Cake/View/View.php, line 473
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Notice (8): Trying to access array offset on value of type null [APP/View/Articles/view.ctp, line 116]
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April 25: Stakeholders have urged the government to keep the interest rate on loans provided to the productive sector below 10 percent. They made such remarks during an interaction organised by Nepal Rastra Bank to collect suggestions for the upcoming budget.</p>
<p>
The speakers were unanimous in saying that there should not be lack of investible capital in order to encourage domestic production. This in turn would help boost the economy.</p>
<p>
NRB Governor Chiranjivi Nepal said although the country achieved high growth rate for the last three years, the increasing trade deficit has become a matter of concern. He further said that the country should not rely on remittance alone.</p>
<p>
“Remittance is not stable anywhere. If the inflow of remittance stops, the country will face financial hardship,” he said.</p>
<p>
“The country’s export is declining while the import is increasing. In this situation, the budget will try to reduce the trade deficit,” he added.</p>
<p>
Meanwhile, Shekhar Golchha, senior vice president of the Federation of Nepalese Chambers of Commerce and Industries (FNCCI) said that the cost of production in Nepal has increased due to the high rate of interest charged by banks.</p>
<p>
“The base rate of banks has reduced but we have not seen any change in the interest rate,” he said.</p>
<p>
Likewise, former president of the Confederation of Nepalese Industries Hari Bhakta Sharma said that the government must decrease the cost of ‘Doing Business’ in order to achieve high growth rate.</p>
<p>
“There should be an environment where small and medium businesses can easily avail loan,” he said.</p>
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April 25: Stakeholders have urged the government to keep the interest rate on loans provided to the productive sector below 10 percent. They made such remarks during an interaction organised by Nepal Rastra Bank to collect suggestions for the upcoming budget.</p>
<p>
The speakers were unanimous in saying that there should not be lack of investible capital in order to encourage domestic production. This in turn would help boost the economy.</p>
<p>
NRB Governor Chiranjivi Nepal said although the country achieved high growth rate for the last three years, the increasing trade deficit has become a matter of concern. He further said that the country should not rely on remittance alone.</p>
<p>
“Remittance is not stable anywhere. If the inflow of remittance stops, the country will face financial hardship,” he said.</p>
<p>
“The country’s export is declining while the import is increasing. In this situation, the budget will try to reduce the trade deficit,” he added.</p>
<p>
Meanwhile, Shekhar Golchha, senior vice president of the Federation of Nepalese Chambers of Commerce and Industries (FNCCI) said that the cost of production in Nepal has increased due to the high rate of interest charged by banks.</p>
<p>
“The base rate of banks has reduced but we have not seen any change in the interest rate,” he said.</p>
<p>
Likewise, former president of the Confederation of Nepalese Industries Hari Bhakta Sharma said that the government must decrease the cost of ‘Doing Business’ in order to achieve high growth rate.</p>
<p>
“There should be an environment where small and medium businesses can easily avail loan,” he said.</p>
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include - APP/View/Articles/view.ctp, line 116
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::render() - CORE/Cake/View/View.php, line 473
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April 25: Stakeholders have urged the government to keep the interest rate on loans provided to the productive sector below 10 percent. They made such remarks during an interaction organised by Nepal Rastra Bank to collect suggestions for the upcoming budget.</p>
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The speakers were unanimous in saying that there should not be lack of investible capital in order to encourage domestic production. This in turn would help boost the economy.</p>
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NRB Governor Chiranjivi Nepal said although the country achieved high growth rate for the last three years, the increasing trade deficit has become a matter of concern. He further said that the country should not rely on remittance alone.</p>
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“Remittance is not stable anywhere. If the inflow of remittance stops, the country will face financial hardship,” he said.</p>
<p>
“The country’s export is declining while the import is increasing. In this situation, the budget will try to reduce the trade deficit,” he added.</p>
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“The base rate of banks has reduced but we have not seen any change in the interest rate,” he said.</p>
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Likewise, former president of the Confederation of Nepalese Industries Hari Bhakta Sharma said that the government must decrease the cost of ‘Doing Business’ in order to achieve high growth rate.</p>
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April 25: Stakeholders have urged the government to keep the interest rate on loans provided to the productive sector below 10 percent. They made such remarks during an interaction organised by Nepal Rastra Bank to collect suggestions for the upcoming budget.</p>
<p>
The speakers were unanimous in saying that there should not be lack of investible capital in order to encourage domestic production. This in turn would help boost the economy.</p>
<p>
NRB Governor Chiranjivi Nepal said although the country achieved high growth rate for the last three years, the increasing trade deficit has become a matter of concern. He further said that the country should not rely on remittance alone.</p>
<p>
“Remittance is not stable anywhere. If the inflow of remittance stops, the country will face financial hardship,” he said.</p>
<p>
“The country’s export is declining while the import is increasing. In this situation, the budget will try to reduce the trade deficit,” he added.</p>
<p>
Meanwhile, Shekhar Golchha, senior vice president of the Federation of Nepalese Chambers of Commerce and Industries (FNCCI) said that the cost of production in Nepal has increased due to the high rate of interest charged by banks.</p>
<p>
“The base rate of banks has reduced but we have not seen any change in the interest rate,” he said.</p>
<p>
Likewise, former president of the Confederation of Nepalese Industries Hari Bhakta Sharma said that the government must decrease the cost of ‘Doing Business’ in order to achieve high growth rate.</p>
<p>
“There should be an environment where small and medium businesses can easily avail loan,” he said.</p>
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include - APP/View/Articles/view.ctp, line 241
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::render() - CORE/Cake/View/View.php, line 473
Controller::render() - CORE/Cake/Controller/Controller.php, line 968
Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200
Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167
[main] - APP/webroot/index.php, line 117
April 25: Stakeholders have urged the government to keep the interest rate on loans provided to the productive sector below 10 percent. They made such remarks during an interaction organised by Nepal Rastra Bank to collect suggestions for the upcoming budget.
The speakers were unanimous in saying that there should not be lack of investible capital in order to encourage domestic production. This in turn would help boost the economy.
NRB Governor Chiranjivi Nepal said although the country achieved high growth rate for the last three years, the increasing trade deficit has become a matter of concern. He further said that the country should not rely on remittance alone.
“Remittance is not stable anywhere. If the inflow of remittance stops, the country will face financial hardship,” he said.
“The country’s export is declining while the import is increasing. In this situation, the budget will try to reduce the trade deficit,” he added.
Meanwhile, Shekhar Golchha, senior vice president of the Federation of Nepalese Chambers of Commerce and Industries (FNCCI) said that the cost of production in Nepal has increased due to the high rate of interest charged by banks.
“The base rate of banks has reduced but we have not seen any change in the interest rate,” he said.
Likewise, former president of the Confederation of Nepalese Industries Hari Bhakta Sharma said that the government must decrease the cost of ‘Doing Business’ in order to achieve high growth rate.
“There should be an environment where small and medium businesses can easily avail loan,” he said.
FormHelper::create() - CORE/Cake/View/Helper/FormHelper.php, line 383
include - APP/View/Articles/view.ctp, line 273
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::render() - CORE/Cake/View/View.php, line 473
Controller::render() - CORE/Cake/Controller/Controller.php, line 968
Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200
Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167
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April 25: Stakeholders have urged the government to keep the interest rate on loans provided to the productive sector below 10 percent. They made such remarks during an interaction organised by Nepal Rastra Bank to collect suggestions for the upcoming budget.</p>
<p>
The speakers were unanimous in saying that there should not be lack of investible capital in order to encourage domestic production. This in turn would help boost the economy.</p>
<p>
NRB Governor Chiranjivi Nepal said although the country achieved high growth rate for the last three years, the increasing trade deficit has become a matter of concern. He further said that the country should not rely on remittance alone.</p>
<p>
“Remittance is not stable anywhere. If the inflow of remittance stops, the country will face financial hardship,” he said.</p>
<p>
“The country’s export is declining while the import is increasing. In this situation, the budget will try to reduce the trade deficit,” he added.</p>
<p>
Meanwhile, Shekhar Golchha, senior vice president of the Federation of Nepalese Chambers of Commerce and Industries (FNCCI) said that the cost of production in Nepal has increased due to the high rate of interest charged by banks.</p>
<p>
“The base rate of banks has reduced but we have not seen any change in the interest rate,” he said.</p>
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Likewise, former president of the Confederation of Nepalese Industries Hari Bhakta Sharma said that the government must decrease the cost of ‘Doing Business’ in order to achieve high growth rate.</p>
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April 25: Stakeholders have urged the government to keep the interest rate on loans provided to the productive sector below 10 percent. They made such remarks during an interaction organised by Nepal Rastra Bank to collect suggestions for the upcoming budget.</p>
<p>
The speakers were unanimous in saying that there should not be lack of investible capital in order to encourage domestic production. This in turn would help boost the economy.</p>
<p>
NRB Governor Chiranjivi Nepal said although the country achieved high growth rate for the last three years, the increasing trade deficit has become a matter of concern. He further said that the country should not rely on remittance alone.</p>
<p>
“Remittance is not stable anywhere. If the inflow of remittance stops, the country will face financial hardship,” he said.</p>
<p>
“The country’s export is declining while the import is increasing. In this situation, the budget will try to reduce the trade deficit,” he added.</p>
<p>
Meanwhile, Shekhar Golchha, senior vice president of the Federation of Nepalese Chambers of Commerce and Industries (FNCCI) said that the cost of production in Nepal has increased due to the high rate of interest charged by banks.</p>
<p>
“The base rate of banks has reduced but we have not seen any change in the interest rate,” he said.</p>
<p>
Likewise, former president of the Confederation of Nepalese Industries Hari Bhakta Sharma said that the government must decrease the cost of ‘Doing Business’ in order to achieve high growth rate.</p>
<p>
“There should be an environment where small and medium businesses can easily avail loan,” he said.</p>
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include - APP/View/Elements/side_bar.ctp, line 60
View::_evaluate() - CORE/Cake/View/View.php, line 971
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View::_renderElement() - CORE/Cake/View/View.php, line 1224
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include - APP/View/Articles/view.ctp, line 391
View::_evaluate() - CORE/Cake/View/View.php, line 971
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Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167
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Warning (2): simplexml_load_file() [<a href='http://php.net/function.simplexml-load-file'>function.simplexml-load-file</a>]: I/O warning : failed to load external entity "" [APP/View/Elements/side_bar.ctp, line 60]
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April 25: Stakeholders have urged the government to keep the interest rate on loans provided to the productive sector below 10 percent. They made such remarks during an interaction organised by Nepal Rastra Bank to collect suggestions for the upcoming budget.</p>
<p>
The speakers were unanimous in saying that there should not be lack of investible capital in order to encourage domestic production. This in turn would help boost the economy.</p>
<p>
NRB Governor Chiranjivi Nepal said although the country achieved high growth rate for the last three years, the increasing trade deficit has become a matter of concern. He further said that the country should not rely on remittance alone.</p>
<p>
“Remittance is not stable anywhere. If the inflow of remittance stops, the country will face financial hardship,” he said.</p>
<p>
“The country’s export is declining while the import is increasing. In this situation, the budget will try to reduce the trade deficit,” he added.</p>
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Meanwhile, Shekhar Golchha, senior vice president of the Federation of Nepalese Chambers of Commerce and Industries (FNCCI) said that the cost of production in Nepal has increased due to the high rate of interest charged by banks.</p>
<p>
“The base rate of banks has reduced but we have not seen any change in the interest rate,” he said.</p>
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Likewise, former president of the Confederation of Nepalese Industries Hari Bhakta Sharma said that the government must decrease the cost of ‘Doing Business’ in order to achieve high growth rate.</p>
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April 25: Stakeholders have urged the government to keep the interest rate on loans provided to the productive sector below 10 percent. They made such remarks during an interaction organised by Nepal Rastra Bank to collect suggestions for the upcoming budget.</p>
<p>
The speakers were unanimous in saying that there should not be lack of investible capital in order to encourage domestic production. This in turn would help boost the economy.</p>
<p>
NRB Governor Chiranjivi Nepal said although the country achieved high growth rate for the last three years, the increasing trade deficit has become a matter of concern. He further said that the country should not rely on remittance alone.</p>
<p>
“Remittance is not stable anywhere. If the inflow of remittance stops, the country will face financial hardship,” he said.</p>
<p>
“The country’s export is declining while the import is increasing. In this situation, the budget will try to reduce the trade deficit,” he added.</p>
<p>
Meanwhile, Shekhar Golchha, senior vice president of the Federation of Nepalese Chambers of Commerce and Industries (FNCCI) said that the cost of production in Nepal has increased due to the high rate of interest charged by banks.</p>
<p>
“The base rate of banks has reduced but we have not seen any change in the interest rate,” he said.</p>
<p>
Likewise, former president of the Confederation of Nepalese Industries Hari Bhakta Sharma said that the government must decrease the cost of ‘Doing Business’ in order to achieve high growth rate.</p>
<p>
“There should be an environment where small and medium businesses can easily avail loan,” he said.</p>
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simplexml_load_file - [internal], line ??
include - APP/View/Elements/side_bar.ctp, line 60
View::_evaluate() - CORE/Cake/View/View.php, line 971
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View::_renderElement() - CORE/Cake/View/View.php, line 1224
View::element() - CORE/Cake/View/View.php, line 418
include - APP/View/Articles/view.ctp, line 391
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::render() - CORE/Cake/View/View.php, line 473
Controller::render() - CORE/Cake/Controller/Controller.php, line 968
Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200
Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167
[main] - APP/webroot/index.php, line 117
file not found!
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April 25: Stakeholders have urged the government to keep the interest rate on loans provided to the productive sector below 10 percent. They made such remarks during an interaction organised by Nepal Rastra Bank to collect suggestions for the upcoming budget.</p>
<p>
The speakers were unanimous in saying that there should not be lack of investible capital in order to encourage domestic production. This in turn would help boost the economy.</p>
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NRB Governor Chiranjivi Nepal said although the country achieved high growth rate for the last three years, the increasing trade deficit has become a matter of concern. He further said that the country should not rely on remittance alone.</p>
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“Remittance is not stable anywhere. If the inflow of remittance stops, the country will face financial hardship,” he said.</p>
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“The country’s export is declining while the import is increasing. In this situation, the budget will try to reduce the trade deficit,” he added.</p>
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Meanwhile, Shekhar Golchha, senior vice president of the Federation of Nepalese Chambers of Commerce and Industries (FNCCI) said that the cost of production in Nepal has increased due to the high rate of interest charged by banks.</p>
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“The base rate of banks has reduced but we have not seen any change in the interest rate,” he said.</p>
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Likewise, former president of the Confederation of Nepalese Industries Hari Bhakta Sharma said that the government must decrease the cost of ‘Doing Business’ in order to achieve high growth rate.</p>
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April 25: Stakeholders have urged the government to keep the interest rate on loans provided to the productive sector below 10 percent. They made such remarks during an interaction organised by Nepal Rastra Bank to collect suggestions for the upcoming budget.</p>
<p>
The speakers were unanimous in saying that there should not be lack of investible capital in order to encourage domestic production. This in turn would help boost the economy.</p>
<p>
NRB Governor Chiranjivi Nepal said although the country achieved high growth rate for the last three years, the increasing trade deficit has become a matter of concern. He further said that the country should not rely on remittance alone.</p>
<p>
“Remittance is not stable anywhere. If the inflow of remittance stops, the country will face financial hardship,” he said.</p>
<p>
“The country’s export is declining while the import is increasing. In this situation, the budget will try to reduce the trade deficit,” he added.</p>
<p>
Meanwhile, Shekhar Golchha, senior vice president of the Federation of Nepalese Chambers of Commerce and Industries (FNCCI) said that the cost of production in Nepal has increased due to the high rate of interest charged by banks.</p>
<p>
“The base rate of banks has reduced but we have not seen any change in the interest rate,” he said.</p>
<p>
Likewise, former president of the Confederation of Nepalese Industries Hari Bhakta Sharma said that the government must decrease the cost of ‘Doing Business’ in order to achieve high growth rate.</p>
<p>
“There should be an environment where small and medium businesses can easily avail loan,” he said.</p>
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include - APP/View/Elements/side_bar.ctp, line 133
View::_evaluate() - CORE/Cake/View/View.php, line 971
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View::_renderElement() - CORE/Cake/View/View.php, line 1224
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include - APP/View/Articles/view.ctp, line 391
View::_evaluate() - CORE/Cake/View/View.php, line 971
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View::render() - CORE/Cake/View/View.php, line 473
Controller::render() - CORE/Cake/Controller/Controller.php, line 968
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Warning (2): simplexml_load_file() [<a href='http://php.net/function.simplexml-load-file'>function.simplexml-load-file</a>]: I/O warning : failed to load external entity "" [APP/View/Elements/side_bar.ctp, line 133]
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April 25: Stakeholders have urged the government to keep the interest rate on loans provided to the productive sector below 10 percent. They made such remarks during an interaction organised by Nepal Rastra Bank to collect suggestions for the upcoming budget.</p>
<p>
The speakers were unanimous in saying that there should not be lack of investible capital in order to encourage domestic production. This in turn would help boost the economy.</p>
<p>
NRB Governor Chiranjivi Nepal said although the country achieved high growth rate for the last three years, the increasing trade deficit has become a matter of concern. He further said that the country should not rely on remittance alone.</p>
<p>
“Remittance is not stable anywhere. If the inflow of remittance stops, the country will face financial hardship,” he said.</p>
<p>
“The country’s export is declining while the import is increasing. In this situation, the budget will try to reduce the trade deficit,” he added.</p>
<p>
Meanwhile, Shekhar Golchha, senior vice president of the Federation of Nepalese Chambers of Commerce and Industries (FNCCI) said that the cost of production in Nepal has increased due to the high rate of interest charged by banks.</p>
<p>
“The base rate of banks has reduced but we have not seen any change in the interest rate,” he said.</p>
<p>
Likewise, former president of the Confederation of Nepalese Industries Hari Bhakta Sharma said that the government must decrease the cost of ‘Doing Business’ in order to achieve high growth rate.</p>
<p>
“There should be an environment where small and medium businesses can easily avail loan,” he said.</p>
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April 25: Stakeholders have urged the government to keep the interest rate on loans provided to the productive sector below 10 percent. They made such remarks during an interaction organised by Nepal Rastra Bank to collect suggestions for the upcoming budget.</p>
<p>
The speakers were unanimous in saying that there should not be lack of investible capital in order to encourage domestic production. This in turn would help boost the economy.</p>
<p>
NRB Governor Chiranjivi Nepal said although the country achieved high growth rate for the last three years, the increasing trade deficit has become a matter of concern. He further said that the country should not rely on remittance alone.</p>
<p>
“Remittance is not stable anywhere. If the inflow of remittance stops, the country will face financial hardship,” he said.</p>
<p>
“The country’s export is declining while the import is increasing. In this situation, the budget will try to reduce the trade deficit,” he added.</p>
<p>
Meanwhile, Shekhar Golchha, senior vice president of the Federation of Nepalese Chambers of Commerce and Industries (FNCCI) said that the cost of production in Nepal has increased due to the high rate of interest charged by banks.</p>
<p>
“The base rate of banks has reduced but we have not seen any change in the interest rate,” he said.</p>
<p>
Likewise, former president of the Confederation of Nepalese Industries Hari Bhakta Sharma said that the government must decrease the cost of ‘Doing Business’ in order to achieve high growth rate.</p>
<p>
“There should be an environment where small and medium businesses can easily avail loan,” he said.</p>
<p>
</p>
<p>
</p>
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simplexml_load_file - [internal], line ??
include - APP/View/Elements/side_bar.ctp, line 133
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::_renderElement() - CORE/Cake/View/View.php, line 1224
View::element() - CORE/Cake/View/View.php, line 418
include - APP/View/Articles/view.ctp, line 391
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::render() - CORE/Cake/View/View.php, line 473
Controller::render() - CORE/Cake/Controller/Controller.php, line 968
Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200
Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167
[main] - APP/webroot/index.php, line 117
