Minister for Finance Yuba Raj Khatiwada speaks during a program organized on the 53rd anniversary of Agricultural Development Bank. (Photo: RSS)
KATHMANDU: Minister for Finance Yuba Raj Khatiwada has said that the country’s economy was moving ahead on a robust, straight and stable track.
At a program organized on the 53rd anniversary of the Agricultural Development Bank in the capital city today, Khatiwada said that the nation’s economy was in a prideful state.
Saying that the country’s annual economic growth rate will be between 6 to 8 percent, the finance minister argued.
“The economy means always ups and downs; it does not always move in a straightway. The trend of the economy is like that of geography,” he said.
He claimed that Nepal’s overall financial and banking system is the most robust system in South Asia.
“The non-performing loan is unbelievably low. That’s welcoming,” he said.
On the occasion, the finance minister also argued that the inflation rate of 6 percent was not that much panicking.