Nepal Rastra Bank Governor Dr Biswonath Poudel has stressed the urgency of political stability, investment-friendly environment and morale boost of the private sector to revive the national economy.

He clarified that reform in the economic system is needed to protect entrepreneurs. 

While welcoming the new working committee of the Society of Economic Journalists of Nepal (SEJON) on Thursday, NRB Governor Poudel mentioned that the problem had surfaced due to unclear law. In his view, legal clarity helps resolve the problems while negotiating the present difficult time. 

He reminded the media persons over the risk of dissemination of wrong information and messages. All should be aware of it, the Governor added.

"There won't be a resource crunch for the reconstruction of structures damaged during the Gen-Z protests. Although a huge financial resource is needed for the reconstruction, improvement in governance and administrative efficiency is prerequisite," Dr Pauel underlined. 

Moreover, there is no option before the government but to boost the morale of the private sector as there was massive damage to commercial buildings during the Gen-Z protests. "Our priority should also be attracting the foreign investment by creating an environment conducive to investment in the country," he said, assuring that it would not take time to revive the national economy and make it vibrant in some years we acted in collaboration.