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Nabil Bank CEO warns dddelayed government payments to contractors are straining banking system - Peoples' Review
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Nabil Bank CEO warns dddelayed government payments to contractors are straining banking system - Peoples' Review
Kathmandu, July 5: Chief Executive Officer (CEO) of Nabil Bank, Manoj Gyawali, has said that the government’s failure to make timely payments to construction contractors is placing serious pressure on Nepal’s banking system. Speaking at a discussion on the upcoming monetary policy held by the House of Representatives’ Finance Committee on Sunday, Gyawali warned that delays in government payments and stalled construction contracts could lead to a…
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