Nepal’s Investment Climate: Leveraging the Private Sector for Job Creation and Growth
Nepal is urgently in need of private sector investment to promote jobs and growth: 25 per cent of the population live beneath the poverty line and youth unemployment is a chronic problem. Despite the efforts of the government to boost the private sector and attract foreign investors, many barriers to investment exist and the overall business climate is poor. A lack of access to finance, political instability and weak infrastructure are all major obstacles to the development of a thriving private sector.