Kathmandu, May 15 -- Private sector leaders have voiced growing frustration over the government's persistent failure to implement long-promised reforms.

Speaking at the 5th Kantipur Economic Summit in Kathmandu on Wednesday, they said that although business leaders acknowledged that their concerns are often noted in government reports, policies, and budget speeches, they emphasised that meaningful action remains scarce.

Chandra Prasad Dhakal, president of the Federation of Nepalese Chambers of Commerce and Industry (FNCCI), criticised the sluggish pace of budget implementation. He warned that without genuine follow-through, economic transformation will remain elusive.

Companies such as Ncell and Nabil Bank echoed this sentiment, pointi...