'I will pay attention to appropriate allocation of budget, increasing expenditure capacity'

Published On: January 19, 2021 05:02 PM NPT

Republica Files

KATHMANDU, Jan 19: Special Economic Advisor to Prime Minister KP Sharma Oli, Motilal Dugar, has said that economic activities would be made dynamic by making financial institutions effective.

Assuming office in Singha Durbar today, Dugar said that he would recommend to the Prime Minister for economic prosperity by coordinating and holding discussions with different ministries and organisations.

The Special Economic Advisor further said that he would take suggestions and advice from all with a purpose to increase investment, reduce trade deficit and face existing economic challenges in the country.

Talking to Rastriya Samachar Samiti, Dugar said, "My emphasis will be on appropriate allocation of budget as well as not to let budget freeze by increasing the expenditure capacity."

Also a former Minister of State for Industry, Commerce and Supplies, Dugar was appointed to the post on Sunday. Earlier, he was a member of the House of Representatives and a state minister in the Oli-led government.

(RSS)