Kathmandu, Jan 11: Prime Minister KP Sharma Oli has expressed the belief that information technology (IT) would be developed as the industry to earn foreign currency.
Taking to social networking site—Facebook— today, PM Oli said there were some legal hurdles for those working in IT sector in Nepal, so the Cabinet meeting held on Friday addressed it through ordinance.
“The Friday’s Cabinet meeting recommended before the President through ordinance to make laws in order to facilitate earning foreign money from IT sector. We believe that the law will develop IT as the industry of earning foreign currency”, he mentioned.
PM Oli further said Nepali IT companies could now invest abroad and make income by establishing branch there.