Finance Minister Dr. Swarnim Wagle States Foreign Loans are Compulsory for Nepal
Summary
Finance Minister Dr. Swarnim Wagle stated that taking foreign loans is compulsory for Nepal and emphasized they are invested in productive sectors like infrastructure and transmission lines to generate economic growth and repay the debt.
Key Points
- Finance Minister Dr. Swarnim Wagle stated that taking foreign loans is a compulsory situation for Nepal.
- Loans are invested mainly in productive sectors such as road infrastructure and transmission lines.
- Proper loan utilization fosters economic growth and generates income for repayment.
- The government is committed to controlling corruption and preventing revenue leakage to maintain financial discipline.
