FNCCI Business Confidence Survey 
Background
It is a well-known fact that one of the indicators used to measure the status of the economy all over the world is the level of confidence among the business community. Such confidence level is gauged from business confidence surveys.
Such survey and index are quite popular in many countries including the East Asian Countries, OECD member countries, Canada, USA, India, etc. It is the most effective tool to find out about and keep track of how the economy is progressing and where the business persons think it is moving.
Both the government and the private sector decision makers benefit from the results of such surveys to plan their strategies. Timely and relevant information/indicator has an utmost impact in decision making and forecasting.
In this context, the FNCCI, an umbrella organization of private sector body in Nepal, with the support from the USAID funded NEAT, is conducting such survey to establish the Business Confidence Index (BCI) in Nepal for the first time.
The FNCCI BCI aims to find out the private sector's perception and expectation on the country's economy and on their plans. They will be generally asked about their employment and investment planning; their views on the overall economy's performance and their own business situation; and the main challenges affecting their businesses.
Objective of the Survey
The main objective of a FNCCI Business Confidence Survey is to measure the confidence level of the private sector in various economic issues like economic growth, inflation, capital market, employment generation, among others.
The other objectives of the survey are to:
- Introduce the system of business confidence surveys in Nepal
- Equip the FNCCI with the capacity to conduct such surveys in Nepal
- Make the survey statistically reliable
- Measure the level of business confidence on Nepalese economy and government's policy
If you are willing to participate in the Survey, please provide us your detail information below:
For more information about the survey, please contact:
FNCCI Economic Research Division
269 Pachali Shahid Shukra FNCCI Milan Marg
Teku, Kathmandu, Nepal
Tel (977-1) 4262061 Fax 4261022
Email: anup@fncci.org, fncci@mos.com.np
