SANN News
To encourage investment and enhance the business and economic climate, the Nepalese government has changed a number of laws. The Federation praised the land ordinance, saying it has boosted the private sector and real estate professionals. Bishnu Prasad Ghimire, the president of the Federation, commended the legislation and asked the Nepal Rastra Bank to examine the way income sources are now disclosed for house purchases and the proportion of loan collateral to land value. In addition, he asked the government to include the private sector in real estate deals including the pooling of houses and land.
