KATHMANDU, May 23 -- Minister for Industry, Commerce and Supplies Dilendra Prasad Badu has said that the country's economy is not positive at present.

Speaking at the 'Make in Nepal' Swadeshi Summit 2022 organized by the Confederation of Nepalese Industries in Kathmandu on Monday, Minister Badu said that the recent war in Russia and Ukraine has challenged the world economy and its impact has been felt in Nepal as well. Minister Badu said that Nepal is import-oriented in every commodity.

Stating that the import of domestically produced goods is also a matter of concern, Minister Badu said that an economic policy should be formulated to encourage exports and discourage imports. He said that the economy could not be improved without increa...