KATHMANDU: Senior government and financial sector officials have stressed the need for stronger efforts to boost Nepal’s economy, despite indicators showing signs of stability.
Speaking at a meeting of the Ministry-level Development Committee, National Planning Commission Vice-Chairman Prof. Dr. Shiva Raj Adhikari said that while economic indicators were satisfactory, confidence among both the private and public sectors needed strengthening.
Nepal Rastra Bank Governor Prof. Dr. Biswo Nath Poudel urged the government to give a big push to certain sectors to stimulate growth, particularly at a time when interest rates are low.
Finance Secretary Ghanshyam Upadhyay called for a review of past targets and results to improve focus, while Revenue Secretary Dinesh Kumar Ghimire stressed the urgency of implementing programs effectively and reforming revenue administration.
Finance Ministry spokesperson Shyam Prasad Bhandari said indicators were positive, but greater coordination and facilitation would be prioritized in the coming days.
Deputy Prime Minister and Finance Minister Bishnu Prasad Paudel instructed officials to work actively to meet the objectives of the current budget, noting that only proactive and result-oriented action would deliver growth, capital spending, and revenue targets.
He also highlighted the need to raise private sector confidence through improved policies and continued dialogue.
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