KATHMANDU, SEPTEMBER 3

Minister for Finance Janardan Sharma asserted that national economy was returning to normalcy. Minister Sharma attributed the normalcy in economy to the timely caution maintained by the incumbent government.

Addressing the 24th annual general assembly of the Society of Economic Journalists-Nepal (SEJON) here today, Minister Sharma said that remittance inflow was increasing with the onset of festival season in the country and it was also contributing to bring about positive changes in the country's economy.

Established in 1998, SEJON is a non-profit the umbrella organisation of the 279 economic journalists working in almost all forms of media.

The minister said that increase in remittance would help foreign currency reserve to go up, leading to consolidation of the economy. He shared that his ministry had already instructed all ministries to make this fiscal year's budget expenditure effective.

The minister pledged that the incumbent government would ensure there was no liquidity crunch. Furthermore, he urged the private sector to consider increasing their investment in productive sectors with special focus on agriculture, among others, assuring an enabling environment for investment.

A version of this article appears in the print on September 4, 2022 of The Himalayan Times.