Rajendra Malla Discusses Economy, Policy, and Private Sector Challenges

Rajendra Malla, former president of the Nepal Chamber of Commerce, discusses the current economic situation, stating that while the new government's policy and program are positive, the trend of arresting businessmen has lowered private sector morale. He emphasizes the need for policy stability, a production-oriented budget, and coordination between the National Planning Commission, Ministry of Finance, and Nepal Rastra Bank. Malla also suggests expanding the tax base rather than increasing tax rates and implementing a one-door system to attract foreign investment.