Kathmandu. The Ministry of Finance has said that although there is an opportunity for investment due to the ease of national savings, the business environment is not conducive which has not boosted the enthusiasm of the private sector.

The Ministry made this known while releasing the current economic status of Nepal today. According to the ministry, the gap between savings and investment is wide as the gross domestic savings are low.

In the past decade, the gross domestic savings as a proportion of GDP has averaged 8.5 percent annually and the total investment average is 33.9 percent. However, due to the significant increase in remittance income, the total national savings as a proportion of GDP during this period averaged 35.8 percent.

Similarly, due to the slowdown in investment, the national savings are more than the overall investment. On the other hand, the annual average of total consumption as a proportion of GDP in the last 10 years has been 91.5 percent.