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<p><span style="font-size:10pt"><span style="font-family:Times"><span style="font-size:14.0pt"><span style="font-family:"Arial Unicode MS"">The private sector also pointed out the possibility of further crisis due to the political instability at a time when the world economy has been grappling with the impacts of coronavirus.</span></span></span></span></p>
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December 24: Entrepreneurs have expressed serious concern regarding the possibility of financial crisis in the country due to the latest political development. The private sector on Tuesday made its official view public two days after the government dissolved the parliament.
Stakeholders of the private sector have urged the political parties to take decisions with patience and forbearance.
Stating that the political upheaval would have its impact on the financial sector of the country, stakeholders of the private sector including the Federation of Nepalese Chambers of Commerce and Industry (FNCCI), Nepal Chambers of Commerce (NCC) and the Confederation of Nepalese Industries (CNI) said their attention has been drawn toward the latest political situation of the country.
Issuing a joint statement, the three organisations said that the private sector is always in favour of political stability and has been repeatedly suggesting a stable political environment for the development of economy.
The statement added that there can be a stable policy and new businesses as well as industries can prosper, employment opportunities can be created and the country can attract more investment besides contributing to the overall economic development only if there is political stability.
The private sector also pointed out the possibility of further crisis due to the political instability at a time when the world economy has been grappling with the impacts of coronavirus.
The three organisations representing the private sector noted that political stability is directly linked with economic development and added that past experiences show that political crisis often lead to chaos.
The private sector also expressed concerns regarding the livelihood of the common people due to the latest political development.
In such situation, the FNCCI, NCC and CNI jointly urged all political parties to take decisions wisely in order to lead the country to stability.
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<p><span style="font-size:10pt"><span style="font-family:Times"><span style="font-size:14.0pt"><span style="font-family:"Arial Unicode MS"">Stating that the political upheaval would have its impact on the financial sector of the country, stakeholders of the private sector including the Federation of Nepalese Chambers of Commerce and Industry (FNCCI), Nepal Chambers of Commerce (NCC) and the Confederation of Nepalese Industries (CNI) said their attention has been drawn toward the latest political situation of the country.</span></span></span></span></p>
<p><span style="font-size:10pt"><span style="font-family:Times"><span style="font-size:14.0pt"><span style="font-family:"Arial Unicode MS"">Issuing a joint statement, the three organisations said that the private sector is always in favour of political stability and has been repeatedly suggesting a stable political environment for the development of economy.</span></span></span></span></p>
<p><span style="font-size:10pt"><span style="font-family:Times"><span style="font-size:14.0pt"><span style="font-family:"Arial Unicode MS"">The statement added that there can be a stable policy and new businesses as well as industries can prosper, employment opportunities can be created and the country can attract more investment besides contributing to the overall economic development only if there is political stability.</span></span></span></span></p>
<p><span style="font-size:10pt"><span style="font-family:Times"><span style="font-size:14.0pt"><span style="font-family:"Arial Unicode MS"">The private sector also pointed out the possibility of further crisis due to the political instability at a time when the world economy has been grappling with the impacts of coronavirus.</span></span></span></span></p>
<p><span style="font-size:10pt"><span style="font-family:Times"><span style="font-size:14.0pt"><span style="font-family:"Arial Unicode MS"">The three organisations representing the private sector noted that political stability is directly linked with economic development and added that past experiences show that political crisis often lead to chaos.</span></span></span></span></p>
<p><span style="font-size:10pt"><span style="font-family:Times"><span style="font-size:14.0pt"><span style="font-family:"Arial Unicode MS"">The private sector also expressed concerns regarding the livelihood of the common people due to the latest political development.</span></span></span></span></p>
<p><span style="font-size:10pt"><span style="font-family:Times"><span style="font-size:14.0pt"><span style="font-family:"Arial Unicode MS"">In such situation, the FNCCI, NCC and CNI jointly urged all political parties to take decisions wisely in order to lead the country to stability.</span></span></span></span></p>
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<p><span style="font-size:10pt"><span style="font-family:Times"><span style="font-size:14.0pt"><span style="font-family:"Arial Unicode MS"">Stakeholders of the private sector have urged the political parties to take decisions with patience and forbearance.</span></span></span></span></p>
<p><span style="font-size:10pt"><span style="font-family:Times"><span style="font-size:14.0pt"><span style="font-family:"Arial Unicode MS"">Stating that the political upheaval would have its impact on the financial sector of the country, stakeholders of the private sector including the Federation of Nepalese Chambers of Commerce and Industry (FNCCI), Nepal Chambers of Commerce (NCC) and the Confederation of Nepalese Industries (CNI) said their attention has been drawn toward the latest political situation of the country.</span></span></span></span></p>
<p><span style="font-size:10pt"><span style="font-family:Times"><span style="font-size:14.0pt"><span style="font-family:"Arial Unicode MS"">Issuing a joint statement, the three organisations said that the private sector is always in favour of political stability and has been repeatedly suggesting a stable political environment for the development of economy.</span></span></span></span></p>
<p><span style="font-size:10pt"><span style="font-family:Times"><span style="font-size:14.0pt"><span style="font-family:"Arial Unicode MS"">The statement added that there can be a stable policy and new businesses as well as industries can prosper, employment opportunities can be created and the country can attract more investment besides contributing to the overall economic development only if there is political stability.</span></span></span></span></p>
<p><span style="font-size:10pt"><span style="font-family:Times"><span style="font-size:14.0pt"><span style="font-family:"Arial Unicode MS"">The private sector also pointed out the possibility of further crisis due to the political instability at a time when the world economy has been grappling with the impacts of coronavirus.</span></span></span></span></p>
<p><span style="font-size:10pt"><span style="font-family:Times"><span style="font-size:14.0pt"><span style="font-family:"Arial Unicode MS"">The three organisations representing the private sector noted that political stability is directly linked with economic development and added that past experiences show that political crisis often lead to chaos.</span></span></span></span></p>
<p><span style="font-size:10pt"><span style="font-family:Times"><span style="font-size:14.0pt"><span style="font-family:"Arial Unicode MS"">The private sector also expressed concerns regarding the livelihood of the common people due to the latest political development.</span></span></span></span></p>
<p><span style="font-size:10pt"><span style="font-family:Times"><span style="font-size:14.0pt"><span style="font-family:"Arial Unicode MS"">In such situation, the FNCCI, NCC and CNI jointly urged all political parties to take decisions wisely in order to lead the country to stability.</span></span></span></span></p>
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<p><span style="font-size:10pt"><span style="font-family:Times"><span style="font-size:14.0pt"><span style="font-family:"Arial Unicode MS"">Stakeholders of the private sector have urged the political parties to take decisions with patience and forbearance.</span></span></span></span></p>
<p><span style="font-size:10pt"><span style="font-family:Times"><span style="font-size:14.0pt"><span style="font-family:"Arial Unicode MS"">Stating that the political upheaval would have its impact on the financial sector of the country, stakeholders of the private sector including the Federation of Nepalese Chambers of Commerce and Industry (FNCCI), Nepal Chambers of Commerce (NCC) and the Confederation of Nepalese Industries (CNI) said their attention has been drawn toward the latest political situation of the country.</span></span></span></span></p>
<p><span style="font-size:10pt"><span style="font-family:Times"><span style="font-size:14.0pt"><span style="font-family:"Arial Unicode MS"">Issuing a joint statement, the three organisations said that the private sector is always in favour of political stability and has been repeatedly suggesting a stable political environment for the development of economy.</span></span></span></span></p>
<p><span style="font-size:10pt"><span style="font-family:Times"><span style="font-size:14.0pt"><span style="font-family:"Arial Unicode MS"">The statement added that there can be a stable policy and new businesses as well as industries can prosper, employment opportunities can be created and the country can attract more investment besides contributing to the overall economic development only if there is political stability.</span></span></span></span></p>
<p><span style="font-size:10pt"><span style="font-family:Times"><span style="font-size:14.0pt"><span style="font-family:"Arial Unicode MS"">The private sector also pointed out the possibility of further crisis due to the political instability at a time when the world economy has been grappling with the impacts of coronavirus.</span></span></span></span></p>
<p><span style="font-size:10pt"><span style="font-family:Times"><span style="font-size:14.0pt"><span style="font-family:"Arial Unicode MS"">The three organisations representing the private sector noted that political stability is directly linked with economic development and added that past experiences show that political crisis often lead to chaos.</span></span></span></span></p>
<p><span style="font-size:10pt"><span style="font-family:Times"><span style="font-size:14.0pt"><span style="font-family:"Arial Unicode MS"">The private sector also expressed concerns regarding the livelihood of the common people due to the latest political development.</span></span></span></span></p>
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