Nepal | September 26, 2020

NEA meets FinMin

Himalayan News Service
Share Now:

Kathmandu, March 27

A delegation of the Nepal Economic Association (NEA) led by its Officiating President Bhawani Dhungana met with Finance Minister Yubaraj Khatiwada, today and briefed him about the pertinent national economic issues and forthcoming plan of activities to be undertaken jointly by NEA and the Ministry of Finance in the changed socio-economic and political context of Nepal.

Officiating President Dhungana while congratulating the newly appointed finance minister said that the NEA has been doing various activities related to the national economy jointly with the Ministry of Finance and other stakeholders.

“As the government is engaged in preparing the white paper, NEA also can be an important contributor when it comes to refining economic policy-related issues and effective implementation of programmes announced by the government for the benefit of people from the central level to the local provinces,” a statement issued by NEA quoted Dhungana as saying in the meeting with the finance minister.

“NEA is preparing a paper on fiscal federalism and resource mobilisation mechanisms in the changed federal context of Nepal that can be an effective input document to the current government.”

In the meeting with the NEA delegation, Finance Minister Khatiwada stressed on the need for effective resource mobilisation and making the economy sustainable through proper allocation of resources and revenue generation. Stating that the country is in a risky zone in terms of resources, the finance minister emphasised on the importance of a sustainability mechanism that needs to be in place on time after proper homework.

“There is a huge requirement of infrastructure at the local level for which the government and the relevant stakeholders need to think seriously about to move ahead effectively that will ultimately benefit us,” the statement quoted Khatiwada as saying.

 


A version of this article appears in print on March 28, 2018 of The Himalayan Times.


Follow The Himalayan Times on Twitter and Facebook

Recommended Stories:

More from The Himalayan Times:

Perfection of Wisdom: Sacred texts of 'Pragya Paramita' inscribed in gold

KATHMANDU, SEPTEMBER 25 The holy book of 'Pragya Paramita' (Perfection of Wisdom) being inscribed in golden letters by guthi members for its preservation at the Golden Temple in Lalitpur on September 24, 2020. Thursday. The holy book contains transcriptions of Buddhist scriptures and is rewritten Read More...

Europe, UEFA

De Bruyne, Lewandowski, Neuer on UEFA player of the year shortlist

Kevin De Bruyne, Robert Lewandowski and Manuel Neuer have been short-listed for the UEFA men's Player of the Year award, European football's governing body said on Wednesday. Lewandowski guided Bayern Munich to their sixth Champions League title, finishing as the competition's top scorer with Read More...

COVID-19 pushes more children into poverty

KATHMANDU, SEPTEMBER 24 The number of children living in multi-dimensional poverty has soared to approximately 1.2 billion due to the impact of the COVID-19 pandemic, according to a new analysis published by UNICEF and Save the Children today. This is a 15 per cent increase in the number of ch Read More...

One buried to death, five missing in landslides

BHAIRAHAWA, SEPTEMBER 24 One person died and five others went missing in landslides at different places in Palpa this morning. In Surangdanda, ward 2 of Rambha Rural Municipality, Motisara Gaha, 27, died when a landslide buried his home. Similarly, in Phoksingkot of the same ward, five persons Read More...

In-person classes start in Sudurpaschim

DHANGADI, SEPTEMBER 24 Schools, which had remained shut for long due to the coronavirus pandemic, have started in-person classes in different districts of Sudurpaschim Province. The schools were closed for the last six months after the government imposed nationwide lockdown to stop the virus s Read More...

Students of public schools deprived of education

KATHMANDU, SEPTEMBER 24 Hundreds of students, mostly from public schools, across the country continue to be deprived of education due to lack of their access to electronic mediums like the internet, television and radio. The Ministry of Education has been encouraging educational institutions t Read More...

SAARC Council of Ministers holds virtual meeting

KATHMANDU, SEPTEMBER 24 Minister of Foreign Affairs Pradeep Kumar Gyawali urged member states of South Asian Association for Regional Cooperation to explore all viable options to hold the 19th SAARC Summit. Delivering his opening remarks at an informal meeting of the SAARC Council of Ministers Read More...