Kathmandu, December 17
Share investors demanding the resignation of finance minister Yuvraj Khatiwada have started a fast-unto-death on Monday.
Investors in the past week have been demanding reforms in the domestic stock market. However, as the government was ‘reluctant’ to hear their views, they started their hunger strike outside Nepal Stock Exchange.
The strike was initiated by share investor’s pressure group. Investors Hari Dhakal and Tilak Koirala say that they are protesting because the government hasn’t addressed their demands.
They add that the high-level study committee formed by the government under the leadership of Deputy Governor of Nepal Rastra Bank Shiva Raj Shrestha is ignoring their demands.
They also want the government to bring necessary acts, regulations and laws for the greater interest of the market.
The committee, formed to suggest ways to address a slump in the market, is said to be preparing to submit its report to Finance Minister Yuba Raj Khatiwada in the coming days.
The market opened on Monday, but trading did not go as normal. “Even though the market opened at the same time it normally does, it is practically inactive,” shares Mura Parajuli, spokesperson for Nepal Stock Exchange.
He added the protest by the investors might have affected the share market.
