Common economic agenda sought

Kathmandu, December 1:

Economists and political leaders here today stressed on forming a common economic agenda.

Speaking at an interaction at the Reporters’ Club, Dr Raghav Dhoj Pant, a prominent economist, said that fiscal health of the country is deteriorating. “Rs 9 billion budget deficit and low foreign reserves indicate that economic condition is getting worse,” he said.

“The political parties should declare a common economic agenda, bring it as a bill and pass from the parliament,” economist Dr Bishwambher Pyakuryal suggested. “Without concrete economic agenda the country can not develop,” he added.

“The budget deficit is due to non-budgetary expenses,” Dr Prakash Sharan Mahat, the NC lawmaker, said.