KATHMANDU: Deputy Prime Minister and Minister for Finance, Bishnu Prasad Paudel, has asserted that the country's economy was improving gradually following the government efforts.
Congratulating and extending best wishes to the newly-elected executive committee of Nepalese Association of Financial Journalists (NAFIJ) on Monday, Finance Minister Paudel mentioned that the country's economic indicators at present are positive.
He shared that the incumbent government has been continuously making efforts to address the challenges seen in economy by deeply analyzing them. DPM Paudel argued that positive economic indicators seen in recent period are the results of the government.
Saying that scope of capital expenditure has increased with the improvement in economy, he added that revenue collection has increased by 17 per cent in the first four months of the current fiscal year against three percent in the review period of last fiscal year.
The government was working to create an investment-friendly environment, bringing in foreign investment, creating employment and building entrepreneurs' spirit high, the Finance Minister shared.
Similarly, NAFIJ President Menuka Karki laid emphasis that the government should improve inter-governmental coordination, suggesting it to increase capital expenditure.
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