Congress objects to last-minute ordinance to amend multiple laws
Government awaits President’s approval of the legislation aiming to streamline provisions to attract foreign investors.
Stay updated with breaking news from Narayan Aryal. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Government awaits President’s approval of the legislation aiming to streamline provisions to attract foreign investors.
Ordinance to amend laws to remove hurdles yet to reach President. Officials say Sheetal Niwas will get it today.
KATHMANDU, April 23: To attract domestic and foreign investors, the government has amended nine laws through an ordinance. These amendments are made on the eve of the Nepal Investment Summit-2024 and address long-standing complaints from the private sector that the existing laws hinder the creation of an investment-friendly environment in the country.
KATHMANDU, April 20: Despite the private sector’s recommendations to amend about two dozen laws to promote both foreign and domestic investment in the country, the government has yet to make any amendments. With only nine days remaining for the start of the Nepal Investment Summit-2024, where the government aims to attract foreign investment, the private sector is worried due to the absence of legal reforms.
JANAKPURDHAM, April 10: Deputy Prime Minister and Home Minister Rabi Lamichhane has inquired about the progress made in the investigation into the Aarti Sah death case by the police officers involved in the investigation.