Finance ministry suggests forming committee to reform NAC

Published On: September 3, 2021 05:07 PM NPT By: Republica  | @RepublicaNepal

KATHMANDU, Sept 3: The Ministry of Finance has suggested that it would be appropriate to form a high-level committee to study the future course of Nepal Airlines Corporation (NAC) and the ongoing employees’ protests and submit suggestions to the government.

At a discussion held at the Ministry of Finance on Friday, Finance Minister Janardan Sharma suggested that it would be appropriate to form a committee under the coordination of Tourism Secretary with representatives from the Ministry of Finance, NAC and independent experts related to the aviation sector to submit a report with recommendations within 15 to 20 days.

He stressed the need for ending the agitation after holding discussions with the employees and starting regular work at the corporation. Minister Sharma said that it would be easier for the government to take necessary decisions after studying the reports of various committees with suitable alternatives.

During the discussion, Managing Director of the NAC, Dim Prasad Poudel said that the financial condition of the corporation has become weak due to political interference, overstaffing and weak legal system.

The corporation currently has a debt of Rs 50 billion and an accumulated loss of Rs 11 billion, said Poudel. He said that with 550 staffers, the NAC is clearly overstaffed.

He lamented that various committees have so far studied and submitted reports for the reform of the corporation but those reports were never implemented.


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