Fiscal Nepal
First Business News Portal in English from Nepal
KATHMANDU: The Nepal Chamber of Commerce (NCC) has urged Speaker of House of Representatives Agni Prasad Sapkota to take forward the Bills related to economy/finance under consideration or deliberation in the parliament.
A team led by NCC Rajendra Malla called on Speaker Sapkota at the latter’s office on Tuesday and urged him to take forward 11 such Bills. According to the visiting NCC delegation, most of the Bills related to the economy were stuck in the parliament leaving a number of issues facing the private sector unaddressed.
They were of the view that there was a problem since the Bill seeking amendment to the Securities Act and the Bill to amend the Bank and Financial Institutions Act-2073 BS were still under deliberation in the parliamentary Finance Committee.
President Malla also added that the Bill formulated to integrate and amend laws related to insurance is also under deliberation in the Finance Committee. He urged Speaker Sapkota for his positive intervention towards taking forward those bills before the federal election.
Malla also drew the attention of the Speaker Sapkota to push the Bill formulated to regulate and manage cultivation of marijuana, arguing that Nepal could reduce trade deficit by exporting marijuana.
Speaker Sapkota expressed commitment to take initiative to push forward all pending bills. “I have already asked the agencies concerned to take forward some bills. Bills related to the budget are almost on the verge of completion. I am aware that other bills should not be stuck in the parliament,” said Speaker Sapkota.
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