Investment more favourable after credit rating, says FM Paudel

Kathmandu, Sept 12: The evaluation team that came to Nepal for the sovereign credit rating of Nepal met with Deputy Prime Minister and Finance Minister Bishnu Prasad Paudel today.     

On the occasion, Finance Minister Paudel expressed his belief that credit rating would play an important role in creating favourable economic development and business environment in the country.     

He said that after the completion of the credit rating the environment will be more favorable for investors to invest in infrastructure and other sectors in Nepal.     

The team of Fitch Ratings company is in Nepal for the credit evaluation. The team has expressed their interest in revenue mobilization, capital expenditure, public debt, foreign aid mobilization among others in Nepal.(RSS)