KATHMANDU: Global IME Bank and Global Money Express organised an interaction with Korean officials and Nepali business people and urged them to shore up investment in Nepal.
Speaking on the occasion, Finance Minister Janardan Sharma said that foreign direct investment and remittances are of great importance to save the country’s economy at the present time when foreign exchange reserves have decreased. “Foreign currency reserves have decreased in the country now. For rapid economic development and prosperity, Nepal needs domestic capital as well as a large amount of foreign investment.” He urged the Nepalis in Korea to bring in foreign investment and new technologies.
Chandra Prasad Dhakal, Chairman of Global IME Bank, urged non-resident Nepalis to invest in Nepal with confidence and to open foreign currency accounts in Nepali banks. “I would also like to request the non-resident Nepali friends here and the non-resident Nepali association, come, let us join hands and move forward,”
Finance Secretary Krishna Hari Pushkar, Senior Economist Prof. Dr. Vishwambhar Pyakurel, Nepali Ambassador to South Korea Prof. Dr. Representatives of Jyoti Pakurail and non-residential associations also spoke at the program.