CNI Welcomes Economic Reforms as Barrier Laws Set to Be Repealed

The Confederation of Nepalese Industries (CNI) has expressed strong support for the Finance Minister Dr. Swarnim Wagle’s decision to repeal laws considered obstacles to economic development. This includes abolishing outdated regulations that restrict foreign investment, such as laws banning overseas investments and some related to social offenses. The CNI views these legal changes as crucial steps toward a more investor-friendly environment that could stimulate Nepal’s economic growth and improve business confidence. For everyday investors, these reforms signal a potentially more vibrant stock market as foreign capital becomes easier to attract, positively impacting NEPSE’s liquidity and valuation. However, the reforms’ real effect will depend on timely implementation and further policy consistency.

• CNI backs key legal reforms aimed at unlocking Nepal’s economic growth, setting the stage for improved investment climate.