Finance Minister Shankar Prasad Koirala visited Nepal Stock Exchange on
Sunday. After observing the local bourse, Minister Koirala said the
capital market that is considered the backbone of a country’s economy
and development must be improved at all costs.The finance minister said in order to protect the general investors’ money from risks and increase investments in shares, public awareness must be increased. He advised the stakeholders to find ways to attract institutional, NRN and foreign investors into the capital market of Nepal.
Koirala said he was willing to bring changes in acts and policies to improve the capital market. He also asked NEPSE officials to make the local bourse fully automated as soon as possible.
Minister Koirala was of the view that the capital market was expanding fast but it has failed to develop because of its poor trading system. The government is fully committed to support any attempt aimed at modernizing NEPSE.
src sharesansar
