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Congruous monetary and financial policies imperative: Finance Minister Mahat

Nepalkhabar

Nepalkhabar

 |  Kathmandu

Finance Minister Prakash Sharan Mahat (File Photo)

Finance Minister Dr Prakash Sharan Mahat has vowed to make national economy dynamic.

For it, the Finance Ministry will ensure congruity between monetary and financial policies, he added.

Inaugurating the 29th annual general meeting of Nepal-German Industry and Commerce Association in the federal capital on Friday, Finance Minister Mahat shared that government was devoted to prevent further pressure on national economy.

It is essential to create positive atmosphere in economic sector, and he had prioritized it.

Private sectors' cooperation is essential for it, he hoped.

Efforts would be forwarded to work together with central bank to ensure harmony between the fiscal and monetary policies so that it would enable atmosphere to address economic problems, according to Finance Minister Mahat.

He further informed that he was working actively to end the problems faced by industrial sector on interest rate.

Dr Mahat sought suggestions from the private sector in the wake of preparation for next year budget.

On the occasion, the trade houses making maximum exports in the last fiscal year were provided letters of appreciation by the Minister.

Senior Vice President of FNCCI Chandra Dhakal extended best wishes to the AGM. He underscored the need for changing government perspective towards private sector.

Private sector needs government's cooperation to boost export, he argued.



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