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Kathmandu, July 15: The newly-appointed Deputy Prime Minister and Finance Minister, Bishnu Prasad Paudel, has said the budget brought by the previous government would not be a hindrance to implementing the vision and mission of the newly-formed government.
Taking charge of his office after reaching the Ministry of Finance at Singha Durbar following the oath-taking ceremony at the Office of the President today, Minister Paudel believed that the budget for the upcoming fiscal year will not hamper the course of action to be charted by the newly-formed government.
He opined that any problems encountered in budget implementation could be revised through a procedural manner.
“The budget will not be an obstacle in implementing the government’s objectives and vision. If any obstacles are encountered, there are legal and constitutional provisions to sort them out. We will go for an amendment process accordingly,” the Finance Minister added.
Stating that the formation of a joint government of two largest parties in parliament has given a message of political stability, he expressed the confidence that the problems seen in the country’s economy would gradually be resolved with the formation of a ‘stable government’.
“The government moves ahead pulling apart the existing despondency and creating hope. We will focus on production and employment. I expect all sectors will extend their support for the same in the changed context,” Finance Minister Paudel said, adding, “I wish that the share market proceeds ahead in a balanced manner as the share market is considered the mirror of the country’s economy.”
Mr Paudel have been taking the responsibility of finance ministry for the record fifth time.