KATHMANDU: Finance Minister Dr Prakash Sharan Mahat has said that the government has taken the latest economic situation seriously and coordination is being made for the successful implementation of the budget and monetary policy.
Dr. Mahat said he was in consultation with the Nepal Rastra Bank Governor and the secretaries of the bodies concerned for reinvigorating the economy as well as with the customs officials regarding the matter of unmet revenue collection target.
The Finance Minister expressed the hope that the economy will be on track from the next fiscal year.
He said this during a meeting with Nepal Chamber of Commerce (NCC) delegation on Tuesday.
The delegation urged Finance Minister Dr Mahat to expand the scope of tax, and suggested that the government fulfill the revenue collection target by expanding the tax net.
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