Finance Minister States Economic Slowdown Post-Jana Andolan

Summary

Finance Minister Dr. Swarnim Wagle stated that Nepal's economic activity has slowed down after the Jana Andolan, with slow private sector investment and the government focusing on revitalizing the economy through new budget priorities.

Key Points
  • Nepal's economic activity has slowed down following the Jana Andolan, according to Finance Minister Dr. Swarnim Wagle.
  • The government has formulated its policies and budget to address this slowdown and revive economic activity.
  • Private sector investment is currently very slow due to uncertainty and market fear post-Jana Andolan.
  • The new budget emphasizes uplifting and economically securing the lower strata of society.
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