FNCCI suggests FinMin to inject money into market and reduce interest rates

A delegation of the Federation of Nepalese Chamber of Commerce and Industry (FNCCI) met with newly appointed Minister for Finance Prakash Sharan Mahat today and extended their best wishes on behalf of the entire private sector. On the occasion, Shekhar Golchha, president of FNCCI, briefed the minister of the present economic situation and suggested injecting money into the market and reducing the interest rate through the joint initiative of Nepal Rastra Bank (NRB) and the government. The delegation also emphasised on increasing liquidity in cooperatives and microfinance institutions. Moreover, FNCCI President Golchha stressed on expanding the capital expenditure which is…