Finance Minister Wagle Criticizes Investment Board Over Stalled Projects

Kathmandu. The 13th meeting of the Investment Board's Monitoring and Facilitation Committee has concluded. The meeting was held on Tuesday at the Ministry of Finance under the coordination of Finance Minister Dr. Swarnim Wagle.During the meeting, Finance Minister Wagle stated that it is shameful that only two out of 55 approved investment projects have moved into the construction phase. He emphasized the need for a critical review, noting that no work has been done despite the long duration since the approval of foreign investments.Minister Wagle questioned who is responsible for the lack of progress in projects after accepting foreign investment,...