Finance Minister Sharma emphasizes mobilisation of resources to consolidate economy

KATHMANDU: Finance Minister Janardan Sharma has pointed out the need for mobilising resources and capital in an integrated way to strengthen the country's economy. "Budget's goals and vision have been clear and it will address country's need," he said while responding to queries raised by lawmakers in today's meeting of the National Assembly on the Appropriation Bill for the next fiscal year 2022/23. Presenting the figure of Rs 358 billion worth of the import of agricultural products on average every year, the minister said incentive policy has been forwarded to discourage imports by increasing exports. The development of entrepreneurship and rural economy has been emphasised. Linking the centre of the local level by concrete roads, the increase of industrial production, development of tourism sector and pulling people out of poverty have been the government's priorities, he said. Committing his full accountability to the budget for the next fiscal year, the minister said the incumbent government will take its ownership in full fledge. The government has managed policies on the subject of electric vehicles with a clear vision and restrictions on the import of luxury vehicles were on, he said. Arrangements have been made for the government to purchase sanitary pads worth Rs 2 billion produced within the country, he said, expressing the hope that the country's economy affected to some extent by fuel price hike in the international market will be made strong through the implementation of the government's policies and programmes, and budget. By RSS READ ALSO:

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