•      Thu Jan 23 2025
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Debts that negatively affect the nation should not be accepted: Deuba



Sher Bahadur Deuba

Lalitpur, Jan 23: Nepali Congress President Sher Bahadur Deuba has said that we should not take loans that have a negative impact on the nation.

Also the former prime minister, Deuba was speaking at a dialogue on ‘Economics and politics of foreign aid in Nepal’ organized by the party’s Economic Policy and Planning Department at the central office in Sanepa.

He emphasized that when taking loan the country should not be negatively burdened.

On a different note, Deuba said that it is not the job of the government to indulge in business and open industries. Vice-president Dhanraj Gurung emphasized that the tendency of taking loans from donor agencies and not implementing them should be ended.

General Secretary Gagan Kumar Thapa said that debate shall be carried out among all the political parties and the Parliament regarding the country’s economic policy after broadening the discussion within the party. “Economy should be debated on the basis of facts and evidence, we should take decision on the basis of priorities and needs and not on the basis of political influences”, Thapa said.

The head of the department and the central member of the party, Professor Dr Govindaraj Pokharel, while analyzing the situation of foreign aid, shared that currently the foreign debt in Nepal is around 1,253 billion rupees.

On the occasion, former Vice Chair of National Planning Commission Meen Bahadur Shrestha, economist Dr Dilliraj Khanal, former Finance Secretary Rameshwar Khanal, professor of Economics at Tribhuvan University Sanjay Dahal, economist Dr Semant Dahal and Dr Indra Kumari Adhikari presented working papers based on the country’s foreign economic policy. #nepal #debt #deuba