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PM directs finance ministry officials

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KATHMANDU, Nov. 24: Prime Minister Dr. Baburam Bhattarai directed the Ministry of Finance to bring the programmes that help for the economic prosperity of the country.



Discussing with the representatives of the ministry and other bodies under the ministry at Singha Durbar, Thursday, Prime Minister Dr. Bhattarai urged all to work for economic development as peace and constitution writing have taken their direction.[break]



He also directed the ministry to pay attention for effective interference to control the price hike in basic need goods and give relief immediately to people by distributing the goods and services in a balanced way.



On the occasion, Prime Minister Dr. Bhattarai informed that the government is going to form the investment board within the next week to make investment friendly environment, and said the government has been doing homework to mark 2013 as investment year stressing for decreasing the country´s trade deficit.



He urged the ministry to work immediately to increase the capital expenditure as it is very low, control the current expenditure and increase the tax collection.



The nation could get benefit in the economic sector only if the Ministry of Finance played a leading role and other financial bodies were moved in the right direction, Dr. Bhattarai expressed his confidence.



He blamed the political parties and their leaders for using public organizations for the best source of personal income, and informed that the government has been doing homework to stop political interference in such organizations, and encourage competitive and transparent appointments in them.



At the programme, Minister for Finance Barshaman Pun said the ministry has been discussing with the concerned bodies to control the trend of freezing budget flourishing of late.



He also said the ministry is moving forward by evaluating the economy every 15 days and informed that investigation on the forged VAT bills will be concluded within February.



Finance Secretary Krishna Hari Banskota, Governor of Nepal Rastra Bank Dr. Yubaraj Khatiwada and representatives of Nepal Stock Exchange Board, and other financial bodies had also participated in the meeting.



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