Prime Minister Oli Cites Increased Investor Confidence for Surge in Stock Market
Prime Minister KP Sharma Oli has credited the recent surge in the stock market to increased confidence in the newly formed government. Speaking during the ongoing session of the House of Representatives, where he is currently seeking a vote of confidence, Prime Minister Oli remarked that the positive sentiment towards the current government has led to significant enthusiasm in the stock market.
"The stock market, considered a barometer of the economy, has risen by 400 points. This is the highest in the past 27 months. This surge has occurred following the formation of our government," stated the Prime Minister. He further added, "This rise is a testament to the confidence in our government. We will ensure that not only the stock market but the entire economy becomes more vibrant."
Prime Minister Oli expressed his commitment to revitalizing the broader market and driving economic activity across the country. The confidence vote session continues as Prime Minister Oli seeks to secure the necessary support from lawmakers.