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Amid political turmoil, PM directs finance ministry to prepare budget plans

KATHMANDU: Prime Minister Dr Baburam Bhattarai has directed the Finance Ministry to incorporate the aspirations of all political parties and private sectors while making budget for the fiscal year 2012/013.

At a meeting held with the high ranking officials of the economic sectors at Singhadurbar on Wednesday, Prime Minister Dr Bhattarai directed the Finance Ministry to hold discussion with the concerned experts of each political party and private sector before preparing budget.

The meeting was attended by Finance Minister Barsha Man Pun, Vice-Chairman of the National Planning Commission Deependra Bahadur Chhetri, Commission members, Rastra Bank Governor Dr Yuvraj Khatiwada, Finance Secretary Krishna Hari Baskota and chairmen of Beema Samiti and Securities Board of Nepal.

Following the meeting, Finance Secretary Krishna Hari Baskota said the Prime Minister gave directives to move ahead by gaining confidence and creating environment for investment in the country.

Similarly, Secretary Baskota said the Prime Minister urged the concerned bodies to heed agriculture, tourism, hydropower and industry, and adopt the policy of increasing export.

Moreover, the government employees were urged to carry out daily work with high morale, according to Secretary Baskota.

On the occasion, Finance Minister Barsha Man Pun had assured the Prime Minister that target in revenue collection was being met, the increase in capital expense stressed and the environment of gaining confidence of private sectors being built.

The upcoming budget will ensure sources for the development projects of national pride, investment increment in the agricultural and energy sectors, comprising the programmes of insurance, said the Finance Minister, underlining the need of developing infra structures to achieve double digit growth in the days ahead.

Moreover, Vice Chairman of National Planning Commission Chhetri and Rastra Bank Governor Dr Khatiwada presented separate reports related to the budget preparation and progress on the implementation of the monetary policy.
Finance Secretary Baskota apprised the meeting of present economic condition. RSS

Published Date: Wednesday, May 30th, 2012 | 01:53 AM

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