Sunday, 20th April 2014

Ex-finance ministers vow to concur on economic agendas


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Former finance ministers of the country have stressed on the need for the country to focus on rapid economic growth and prosperity along with maintaining political stability. They also expressed commitment not to create any kind of problems to disrupt the constitution drafting process or while formulating economic policies for the country.

Speaking at an interaction programme entitled “Economic Roadmap for a Prosperous Nepal” organised by Confederation of Nepalese Industries (CNI) in the capital on Sunday, former finance minister Barshaman Pun, Surendra Pandey and Dr Ram Sharan Mahat vowed to forge “politics of consensus” while coming up with an apppriate economic agenda to ensure nation’s prosperity.

UCPN (Maoist) leader and former finance minister Pun called on Nepali Congress (NC) to courageously deal with the economic challenges facing the country and expressed his party’s full support to the soon-to-be-formed NC-led government in that regard.

In response, NC leader Dr Mahat affirmed that the country cannot achieve the desired development and economic prosperity until it is deemed weak. He said the next government to be led by the government would focus on good governance while maintaining proper law and order in the country.

Dr Mahat further said that the issue of how to increase investments as well as bring in foreign direct investment (FDI) remains a challenge, adding that an enabling atmosphere for investors to get good results against their investment should be created for the same.

Also speaking at the programme, CPN (UML) leader Pandey said that the severe energy crisis has emerged as the main problem facing the country and has been very detrimental to the country’s development and economic prospects. He further stressed on the need for all to focus their attention on building and developing road and energy infrastructures.

Incumbent Finance Minister Shanker Prasad Koirala said that the country’s economy should be pushed ahead by continuing to uphold the liberal economic policies. Similarly, CNI’s President Narendra Kumar Basnyat urged the government to be formed after the Constituent Assembly election as well as the major political parties to focus on ensuring the right to private property and help bring about the growth in businesses and industries in the country by coming up with business-friendly policies and resolving the woes facing the country’s economy.