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Rising demand for foreign currency has put pressure on national economy: PM Deuba

March 11, 2022
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Prime Minister Deuba has said that the country cannot develop without the development of small, cottage and small scale industries. Inaugurating the 25th National General Convention of the Federation of Nepalese Small and Household Industries and the 22nd National Conference of the Central Women Entrepreneurs Committee today, she said that He said that it was necessary.

Prime Minister Deuba said that the import of consumer goods and services from abroad has greatly increased the demand for foreign exchange and this has created great pressure on the national economy. He was of the view that the Government of Nepal was committed to promoting the private sector as there was no alternative to increasing domestic production to meet the rising demand for foreign exchange and trade deficit.