Finance Minister Bishnu Prasad Poudel directs for augmenting economic activities

Newly-appointed Finance Minister Bishnu Prasad Poudel has stressed the need to augment economic activities by coping with the adversity posed by the COVID-19 pandemic. Giving direction to the ministry officials and subordinates after assuming the office on Thursday, Minister Poudel said the national economy must be made robust, for this cooperation from all sides was imperative.

He reminded that the COVID-19 heavily dented the national and international economy and economic activities. In such a situation, the activities that help boost the economy must be prioritized. "A dynamic economy needs job creations and growth," Minister said, adding that economic activities should be restored as per budget and monetary policy and human lives protected accordingly.

The Minister viewed this year's budget as a guideline to solve the problems created by the COVID-19 and its practical implementation would make the economic sector stronger again. "Various issues have been addressed in the budget so that financial stability would be ensured," he reminded.

He directed the ministry officials and subordinates to work effectively to increase capital spending and accelerate development activities. Poudel also stressed the need for economic discipline.