Former finance ministers discuss liquidity crisis

Published On: February 13, 2022 09:47 AM NPT By: Republica  | @RepublicaNepal


KATHMANDU, Feb 13: A group of former finance ministers have held discussions about the economic problems such as liquidity crunch in banking and financial institutes, and the issues for the coming budget. Amid growing liquidity crunch in the banking system, the meeting of the Former Finance Ministers' Forum held discussion to this regard on Saturday. 

The meeting was hosted by the Confederation of Banking and Financial Institutes' Nepal (CBFIN). The CBFIN shared information that a thorough discussion was held on increasing remittance, capital expenditure and investment in productive sectors, decreasing imports, creating new jobs with augmentation of production and encouraging entrepreneurship for sustainable economic development of the country. 

The meeting was attended by former finance ministers Dr Ram Sharan Mahat, Surendra Pandey, Barshaman Pun and Dr Prakash Chandra Lohani, according to Forum's member secretary Bimal Kediya.

(RSS)

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