Govt focused on strengthening economy: PM Oli; FM says Govt responds private sector’s concern

Kathmandu / July 19: Prime Minister KP Sharma Oli has said that the main focus of the government is on strengthening economy to rid people from despair.

PM Oli viewed so while in discussion with the office bearers of Confederation of Nepali Industries (CNI).

The PM made it clear that the government under his leadership was formed to solve the problems of the country and do some reformative works.

PM Oli, who is also the Chairperson of the CPN (UML), mentioned that he did not assume the office only for the sake of the post but for fulfilling some responsibilities.

“I have already been the Prime Minister in the past. I did not come just for the post, but to do some new works and contribute to solving the country’s problems,” said the PM.

“The main goal of the government at present is to strengthen economy and solve the related problem. I have assumed office with the resolve to do something for change. Therefore, I expect the CNI to cooperate with the government and address the problems jointly,” PM Oli urged the CNI delegates.

Govt responds to private sector’s concern: Finance Minister

Deputy Prime Minister and Minister for Finance, Bishnu Paudel, assured the government’s commitment to addressing the private sector’s concerns.

During a meeting with a delegation from the Nepal Chamber of Commerce that visited the Minister on Friday to congratulate him on assumption of new role, he said, “The formation of the incumbent government aims to promote both political and economic stability.”

He further stated, “The government will exert maximum efforts to revive the economy that witnessed dent. We urge for faith and trust in the government. Immediate demands will be addressed promptly, while others will be considered in the upcoming budget,” the Minister told the delegation.

The Chamber team, presenting a 40-point submission to the government, drew the government’s attention towards the growing imbalance between demands and supplies caused by economic slowdown, shrinking property holdings in the private sector, and insufficient encouragement for private sector investments.

Chamber President Kamalesh Kumar Agrawal urged the government to prioritize policy-level stability and support the economic and financial sectors. RSS