Journey to economic prosperity begins: PM

KATHMANDU, NOV 25: 

Prime Minister Dr Baburam Bhattarai today listed his priority and claimed that the nation’s journey to the economic prosperity has started from today.

Among the two priorities, the first one peace process has almost come to an end and the country will now move forward with the second priority, economic development,” he said, during an interaction with the Finance Ministry officials. He also stressed on policy reform for the economic development.

The UCPN-Maoist ideologue Bhattarai also hailed the government officials. “Due to lengthy transition phase, the country could not move ahead in the path to economic development,” he said, urging the business and industrial community to invest in the productive areas to enhance economic development. “The import based revenue mobilisation could not help the country to develop,” he added.

The premier also highlighted the role of capital market for the financial sector reform. Showing serious concern on poor performance of public enterprises, he promised that the coalition government will end all kinds of political bickering in the government corporations to improve their performance.

Though, he promised not to interfere, the public entities have always been a recruiting centre for cadres of the line ministers. “The government is preparing a regulation to completely halt political bickering in the public enterprises,” Bhattarai said.

Source: THT