Finance minister urges BFIs to invest more in share market

Kathmandu / Sept 17: Finance Minister Dr Yubraj Khatiwada has urged the financial institutions to increase investment in share market in a bid to expedite economic activities in the country.

Speaking at a program to mark 58th anniversary of Employees Provident Fund in the capital on Tuesday, Minister Khatiwaa said that it is an appropriate time to make more investment in the stock market as the country is witnessing political stability, and rise in economic activities as well the interest rate of bank and financial institutions.

“Investment in share market will facilitate in the economic development of the country,” said Minister Khatiwada adding, “The government is all committed to creating investment-friendly atmosphere.”

Moreover, he also instructed the financial institutions not to escalate the currency market.