Former finance minister Dr Yubraj Khatiwada/File Photo
KATHMANDU: Former finance minister Dr Yubraj Khatiwada has stressed that government needs to ensure smooth revenue administration.
Former finance minister Dr Khatiwada worried over the low revenue collection till date in the current fiscal year.
Revenue administration must be smooth because country is likely to secure only Rs 1,100 to 1,150 billion in revenue in total for this fiscal year.
He commented that the common minimum programme the ruling alliance brought would help foster entrepreneurship, as it had incorporated the issues of ‘Make in Nepal’.
Dr Khatiwada questioned why the program of making all Nepalis literate was not enforced though this agenda was raised for four years.
The former finance minister also made aware the political leaderships and government that food and beverages witnessed more than 50 percent price hike within short span of time.
On the occasion, Member of the National Planning Commission, Sushil Gyawali, viewed for the implementation of the common minimum program, the country needs Rs 6,600 billion budget for five years.
He advocated for the establishment of infrastructure fund to intensify the development activities.