Finance Minister Dr Prakash Sharan Mahat has said improving the crisis-ridden economy is his priority and commitment.
Speaking in a meeting with a delegation of the Federation of Nepalese Chambers of Commerce and Industry (FNCCI) here today, Minister Mahat said the suggestions and collaboration of the private sector is needed for the same.
Minister Mahat added that he would bail out the crisis-ridden economy taking the private sector on board.
On the occasion, FNCCI president Shekhar Golchha, on behalf the entire private sector, extended congratulation and best wishes to the newly-appointed Finance Minister, and also briefed him on the latest economic condition.
He suggested injecting money in the market and reducing the interest rate through the joint initiative of the Central Bank and the government.
The FNCCI has urged for pursuing work so as to increasing the liquidity in the cooperative and micro finances.
Golchha also suggested for augmenting the government expenditure, saying it was too much sluggish. He stressed on expanding the capital expenditure which is merely around 25 percent now.
FNCCI urged the Finance Minister to create business and investment-friendly environment.
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