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FinMin vows to address problems of private sector at the policy level

FinMin vows to address problems of private sector at the policy level

FinMin vows to address problems of private sector at the policy level

Finance Minister Janardan Sharma. (File Photo)

KATHMANDU: Finance Minister Janardan Sharma has said that the problems of the private sector would be addressed through policy measures.

He said this during a meeting with representatives of the private sector about the country’s current economic situation.

Finance Minister Sharma said that any decision that is against the welfare of the private sector would not be taken.

“The government is ready to address the concerns of the private sector. It will move ahead collaborating with the private sector.”

Clarifying that the government has adopted a short-term policy on some issues to guide the economy towards the right track, he mentioned that such issues would be reconsidered once the economy picks up pace.

The Finance Minister expressed concern over the spreading of illusion about the current economic condition, saying policy and structure-level problems would be resolved for the country’s prosperity.

“Though there is a situation to be worried about the country’s economic situation, attempts have been made to spread the illusion that country’s economy is over”, he mentioned.

Finance Minister Sharma stated that although a policy was adopted not to look into the origin of the property for investment promotion, it was misinterpreted.



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