Gandaki, July 1: Finance Minister Dr Prakash Sharan Mahat has said the budget brought by the government would make national economy dynamic.
At a press conference organised by Nepal Press Union, Kaski in Pokhara today, Finance Minister Mahat mentioned that the budget was brought to make the economy dynamic by keeping the nation and people in centre.
The government has made arrangement of registration of industries free of cost to operate industries and open initial industries even with a capital of Rs 100, he shared. The Finance Minister further shared the arrangement of 50 per cent discount in tax to encourage IT sector.
Stating that the budget could not be allocated as desired in every place due to limitation of capital expenditure, he expressed the belief that the goals of the budget is popular and it would give popular results.
Secretaries of Ministry as well as Chief Secretary were directed to end the trend of not implementing the budget on time. They were urged to make working procedure and award contracts on time, said the Finance Minister.
Also the Spokesperson of the Nepali Congress, Mahat mentioned that the NC was always in favour of encouraging private sector because the private sector is the driver of economic growth.
On a different note, Mahat said change in the incumbent ruling alliance was only a rumor. He urged one and all not to run after the rumor. The incumbent alliance would move ahead by maintaining good governance, achieving economic growth and making the economy dynamic, according to him.RSS
