Kathmandu. The actual inflow is very low compared to the accepted foreign investment in Nepal.

According to the 33rd annual report of the Office of the Auditor General, investment proposals worth Rs 79.69 billion were approved from 1,009 foreign investors in the fiscal year 2081/82. Of this, only Rs 11.30 billion has been received from 97 investors. This is 14 percent of the approved investment.

According to the report, the ratio of commitment to actual receipts of foreign investment has been gradually decreasing in recent period. Out of the proposal of Rs 32.48 billion approved in the fiscal year 2079/80, Rs 9.20 billion has been received. That’s 28 percent overall.

Similarly, only 13 percent of the investment approved for the fiscal year 2080/81 has been received. Of the Rs 81.69 billion approved in the fiscal year, only Rs 10.29 billion was received. This data shows that the gap between the commitment of foreign investment and the actual receipts is widening.

The report of the Office of the Auditor General has suggested the bodies concerned to convert the commitments into real investment by maintaining policy stability, simplifying the administrative process and creating investment-friendly environment.