PM Oli touts public trust & economic confidence amid stock market surge
Speaking in the House of Representatives on Sunday, Prime Minister Oli sought a vote of confidence, stating that the economy's mirror, the stock market, has flourished.
KATHMANDU: Prime Minister KP Sharma Oli has claimed that the public has shown confidence and trust in the current government, citing evidence from the stock market.
Speaking in the House of Representatives on Sunday, Prime Minister Oli sought a vote of confidence, stating that the economy’s mirror, the stock market, has flourished.
He mentioned that in the last two weeks alone, the share market has surged by 400 points, with over 5 million shareholders now involved.
He highlighted that NEPSE has reached its highest point in 27 months.
He expressed confidence that not only the stock market but the entire economy will prosper under the current government. He emphasized the belief that the country will be self-reliant.
He stated, “The economy’s mirror, the stock market, has flourished. The stock market, which has over 5 million shareholders now involved, has surged by 400 points in the last two weeks. NEPSE has reached its highest point in 27 months. This is evidence of the trust and confidence shown by the people towards our government. It’s not just about the stock market anymore. The entire country’s economy will thrive. We have the confidence to make the country self-reliant. We have a long experience. We have experience rebuilding after the 2072 earthquake.”
He expressed confidence in making the country self-reliant alongside the current government.
