Budget reflects national resolution-Finance Minister

काठमाण्डु टुडे २०७० मंसिर २७ गते १७:१३ मा प्रकाशित

Kathmandu, Dec. 12: Minister for Finance Shanker Prasad Koirala has directed the stakeholders to move ahead putting national resolution articulated in the budget statement in top priority.

             At a quarterly review meeting of development projects held at Ministry of Finance on Thursday, Minister Koirala urged to coordinate with concerned agency if any problem emerged in development projects prioritized in the national budget.

            He directed the stakeholders to work in coordination with the central bank putting livestock and crops insurance, micro insurance programme and cold storage in top priority.

             ‘The budget was unveiled, authority delegated and programme approved in time and now is to execute. Your working style represents the country. So, expedite ahead the works now that were stalled due to election and festivals’, the Minister said.

             ‘You move ahead, I will be there to support you’, he further assured.

             Vice-chairperson of the National Planning Commission (NPC) Dr Rabindra Kumar Shakya recommended the implementing agencies to end culture of keeping zero progress and urged to present clear reason behind the emergence of such situation.

             He asked them not to repeatedly present the same problem but to explore the reason behind the malpractice.

             Advisor to Finance Ministry Dr Chiranjibi Nepal expressed confidence that the development that was not visible now would be visualized in next meeting.

             Nepal Rastra Bank (NRB) Governor Dr Yuba Raj Khatiwada stressed the need to spur investment in commercialization of agriculture, which is the only alternative for societal transformation.

             Finance Secretary Shanta Raj Subedi said that the development expenditure during the quarter was not satisfactory and that the trend would not support to meet the economic development goal

             He expressed dissatisfaction over the ineffective performance of regulatory bodies such as central bank, securities board and insurance committee.

             Present on the occasion were the Comptroller General and high officials of government ministries and departments. RSS

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