We are cautious about the crisis in economy: PM Dahal

Prime Minister Pushpa Kamal Dahal has said that the government was alert to the crisis seen in the country’s economy.

Inaugurating the Sudurpaschim Province-level industrial trade fair and Kanchanpur tourism festival here Monday, the Prime Minister said that he has given special attention to the reforms in the economy since assuming office.

PM Dahal argued that the economy was on track through the public-private partnership that he decided from the first meeting of his cabinet. “We are advancing towards creating a favorable environment for investment and trade for the private sector by resolving the challenges seen in the economy. Two months have not passed (after the election to the PM) but positive signs are visible in the economy,” according to the PM.

The PM stated revenue collection and foreign reserves have increased in the country but added that some policy-level reforms were still needed and the government is focused on the same direction.

On the occasion, PM Dahal said that the development construction process for the dry port in Dodhara Chandani of Kanchanpur has been forwarded and would be implemented after signing the MoU with India.

He also pledged to raise this issue as a top priority during his upcoming India visit.

Likewise, the Prime Minister shared that he got opportunities to constitute the Sudurpaschim Development Commission and the announcement of a university. “I had an opportunity to allocate a budget for Geta Medical College. Now, this is going to be complete,” PM Dahal added.

Along with the construction of the dry port, the development of the Mahakali corridor would be expedited to establish a link with the country’s northern point. “This shall not only result in the economic development of Sudurpaschim but also make a huge contribution to the nation’s economic development,” he remarked.

On the occasion, the PM said that the projects being implemented in all nine districts of the Sudurpaschim will not face a budget crunch and added that a firm commitment to development was imperative to transform the citizen’s disappointment into hope.

Before inaugurating the festival, PM Dahal also made onsite visits to the dry port construction site and under-construction four-lane motorable bridge over the Mahakali River.

Minister for Industry, Commerce and Supplies Damodar Bhandari, Minister for Health and Population Padam Giri, former minister and Nepali Congress leader Ramesh Lekhak, Chief Minister of Sudurpaschim Province Kamal Bahadur Shah, and others accompanied the PM on the visit.

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