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Investors do not trust Left Alliance: Former Minister Mahat

Kathmandu, March 6

Former Finance Minister and Nepali Congress leader Ram Sharan Mahat says that investors do not trust the Left Alliance and its government when it comes to matters related to the economy.

Mahat’s comments come as more than Rs 45 billion was wiped off of Nepal’s stock exchange, NEPSE, recently, allegedly due to comments aired by the Finance Minister.

“Following the elections, the share market has lost 250 points,” Mahat told Onlinekhabar. “This is a clear indication that investors do not trust the government,” he added. “The mood in the share market is indicative of how the market looks at the government, and at the moment it is not positive.”

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