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Home Prime News

Govt should work to maintain stock market stable: Lawmaker Thapa

CEO Tab by CEO Tab
June 15, 2022
in Prime News
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Parliament

House committee instructs to address problems relating to national pride projects

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Nepali Congress (NC) lawmaker Gagan Kumar Thapa has drawn the attention of the government and regulators to maintain stability of the stock market and confidence of investors.

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Attending today’s session of the House of Representatives, he demanded that the parliament be informed about problems facing the share market, an indication of the entire economy of the country, for the progress of not only investors, but the whole country’s economy.

The market should not face instability because of policy-related issues despite its ups and downs caused by many factors like a crunch of liquidity, the Nepali Congress leader said. Policies should be sustainable to maintain stock market, he demanded.

The whole investors should know about what the government and regulators including the Finance Ministry, the Nepal Rastra Bank and the Securities Board of Nepal have been doing to protect them especially small-scale investors, he stated.

“Investments into the market have been at risk due to related unstable policies. A way out should be sought soon.”

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