Serious review of slow economic growth imperative: Finance Minister Khanal
Summary
Finance Minister Rameshwor Khanal emphasizes the need for a serious review of Nepal's slow economic growth, highlighting political instability and the importance of authentic information. Government efforts focus on infrastructure development and capital market improvements.
Key Points
- Finance Minister Rameshwor Khanal calls for a serious review to understand the reasons behind Nepal's slow economic growth.
- Political disenchantment and instability have negatively impacted development and economic activities in recent years.
- Government is accelerating mega infrastructure projects with additional budget allocations and addressing capital market issues.
- Nepal Rastra Bank Governor Dr Bishwonath Paudel highlights challenges in liquidity management and the need for expanding loans in key economic sectors.
