The Nepali Congress's 15th general convention has brought the party's economic direction into focus alongside the selection of its leadership. Discussions have highlighted an open economy, private sector-led production and investment, and economic development linked with social security.
The party's approach is being considered in light of changes in the global economy and Nepal's domestic economic conditions. Within the Congress, delegates are also seeking to adapt BP Koirala's democratic socialism to changing times.
Investment security and a stable tax policy
The convention has emphasized investment security and stable tax policy, while identifying the private sector as the backbone of the economy. The focus reflects the party's stated interest in encouraging production and investment through a private sector-led approach.
The discussions place economic growth alongside social security, as the Congress considers how its economic principles should respond to Nepal's current circumstances and the changing global economy.
