Kathmandu. Confederation of Nepal Industry (CNI) newly appointed Finance Minister Dr. Discussed with Prakash Sharan Mahat about improving the country's economy. The confederation has suggested 10 points to the finance minister that to improve the economy immediately.

The confederation team led by the president of the confederation Bishnu Kumar Aggarwal congratulated the newly appointed Finance Minister Mahat on Sunday and presented suggestions for improving the economy.

President of the Confederation Agarwal said that for immediate improvement in the current challenging economy, interest rates should be reduced, liquidity should be facilitated, and investment should be encouraged. He expressed his belief that if these three subjects can be worked on with high morale at the center, the economy will improve quickly.

Chairman Agarwal suggested that to reduce the interest rate and ease the liquidity situation, the CRR should be reduced to 3 percent, the policy rate and bank rate should be reduced, and arrangements should be made to calculate 100 percent of the balance in the accumulated funds of the local level in banks and financial institutions as deposits. Similarly, the confederation has suggested that the maximum difference between the interest rate of fixed accounts and savings accounts should be 5 percent, and the risk burden should be reduced to 100 percent in the margin landing in the stock market and real estate. The confederation has also suggested that the payments due in the construction sector should be cleared quickly. This will help increase liquidity in the market.

Senior Vice President Rajesh Kumar Agarwal, Vice Presidents Virendra Raj Pandey, Hemraj Dhakal, Rohit Gupta, Confederation Governing Council Members Shivaratan Sharda, Confederation Director General Deepakraj Joshi, and others were present in the meeting with the Finance Minister.a