PM Dahal preparing for a roundtable discussion to seek ways to improve economy

Published On: November 1, 2023 09:45 PM NPT By: Republica  | @RepublicaNepal


Kathmandu, Nov 1: Prime Minister and CPN (Maoist Center) Chair Pushpa Kamal Dahal has said that the country's economy is still under pressure although it is not in a state of crisis. He said that preparations have been made for organizing a national-level roundtable discussion to seek ways for improving the economy.

Addressing a meeting of the party’s central members at the party central office in Paris Danda on Wednesday, the prime minister said liberating the economy from pressure remained as one of the top priorities of the government.

"Economy was really in a dire situation when we took charge of the government. But the crisis was avoided. The situation of the forex reserve, revenue mobilization and its indicators, arrival of tourists  and the remittance inflow suggest that we are making progress to normalcy," he said. 

Stating that Nepal's current budget making process and system does not support a robust economy, he said a conventional economic approach cannot address the domestic economic issues. "Lack of a room for revising the policies and programmes following their presentations and the Red Book is not good. This culture will be changed,” he asserted.

He took time to say that conspiracies were being hatched against the federal democratic republic, and added that such moves would be thwarted by collective efforts among all who were involved in finalizing the 12-point agreement, peace process and the drafting of the Constitution. 

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