Overall Economic Indicators Have Improved, PM Prachanda Says

Prime Minister Pushpa Kamal Dahal 'Prachanda' has said that overall economic indicators in the country have improved with the formation of the new government due to the government's policy-level and other reforms measures.

Addressing the meeting of the Industry Commerce Promotion Dialogue Council in Singhadurbar yesterday, the Prime Minister, however, said that the country's economy is still struggling amid challenging times but the overall economic indicators have improved.

The Prime Minister said that the external sector of the economy has gradually improved due to government measures and the liquidity level has increased while foreign currency reserve, remittance inflow, and tourist arrivals have improved. "Interest rate is also gradually decreasing," according to the Prime Minister.     

On the occasion, the Prime Minister said that the government has accorded top priority to policy-level, structural and procedural reforms for the transformation and strengthening of the economy as well as for service delivery, good governance, and development construction work. 

Likewise, Minister for Finance Dr. Prakash Sharan Mahat said that the government was willing to co-work with the private sector and urged the business leaders for recommendations on policy, programs, and budget for the upcoming fiscal year.

Deputy Prime Minister and Home Minister Narayan Kaji Shrestha, Finance Minister Dr. Mahat, National Planning Commission Vice-Chair Dr. Min Bahadur Shrestha, chief secretary Shankar Das Bairagi, Nepal Rastra Bank's Governor Maha Prasad Adhikari, President of Federation of Nepalese Chambers of Commerce and Industry Chandra Dhakal and others were present at the meeting.