Efforts underway to revitalize COVID-19 hit economy: FinMin Sharma

Published On: March 18, 2022 04:20 PM NPT By: Republica  | @RepublicaNepal


LALITPUR, March 18: Finance Minister Janardan Sharma has said that the government has introduced various plans to get the COVID-19-hit economy back on track.

At an event organized by the Lalitpur Chambers of Commerce and Industry on its 55th establishment day today, Minister Sharma reiterated that efforts were underway to strengthen the country's economy.

Sharing that discussions were being held to support the entrepreneurs in trouble due to high interest rates of the banks, Sharma said that plans were afoot to promote handicrafts and idols crafted in cultural city Lalitpur. 

On a different note, he said that the tensions between Ukraine and Russia have hugely impacted Nepal. 

Similarly, Shekhar Golchha, president of the Federation of Nepalese Chambers of Commerce and Industry (FNCCI), commented that he had never seen Nepal's economy in such a critical condition since he forayed into business 35 years ago. 

He was of the view that the government should heartily welcome tourists to Nepal in view of the critical condition of the country's economy. 

Likewise, parliamentarian Nawaraj Silwal argued that it was vital to contemplate the state of the country's economy.

Lalitpur Metropolitan City Mayor Chiribabu Maharjan expressed his happiness over the reconstruction of the quake-damaged Bhimsen Temple in Patan without taking a single penny from the government. The 17th century temple was rebuilt by the local community.

Former president of Lalitpur Chambers of Commerce and Industry, Shailendra Pradhan said that the government should pay attention to curbing the illegal trade of textiles and garments worth Rs five billion annually. 

Current president of the Chambers, Manoj Bahadur Nyachhyon stressed that the state should promote export of various locally produced goods in Lalitpur district, adding it would help the entire economy of the country. 

On the occasion, those working continuously for the Chamber for 25 years being a member and those contributing for promotion of culture and literature in Nepal were awarded with certificates.


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