Kathmandu. Finance Minister Bishnu Prasad Poudel has said the capital market is the mirror of the economy. Speaking on the occasion of the 33rd anniversary celebrations of the Securities Board, Minister Poudel urged the Board to create an environment in which all investors can invest confidently.
In the recent past, unwanted activities are taking place in the board and they have been asked to stop this activity. Minister Poudel said, “Stop unwanted activities in the board, look for new entrments, pay special attention to prevent insider trading and cornering.” ”
Finance Minister Poudel said that the board should be involved in the construction of world-class capital. “What is the government’s view on the capital market has been clarified in the budget statement for the next fiscal year. The government has unveiled a special action plan for the restructuring of the capital market, finance minister Poudel said. Sustainable development of the capital market is a priority for the government. Pay attention to the interests of small investors. ”
As the years go by, it is not just about how well the number of years has passed. Minister Poudel said that the regulatory role of the Securities Board should be strengthened.
Sebon, like the regulator of the internationally superior capital markets, should also play its role effectively. The role of securities has been sought to be enhanced qualitatively. Minister Poudel stressed the need to encourage those who do well and not to make mistakes.
He added, “There are many influences and pressures on this institution, we have to work beyond that. Insider trading and opaque work should be stopped in the context of capital markets. An environment should be created for all investors to work with confidence. The board should also work to bring new equipment to the market. The capital market is the mirror of the economy and it should be able to improve the country’s economy through the capital market. ”
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