•      Wed Dec 4 2024
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Unnecessary expenditure should be slashed: Chief Minister Karki



Hikmat Karki

Biratnagar, Nov 24: Koshi Province Government Chief Minister Hikmat Kumar Karki has stressed on slashing the unnecessary expenditure and increasing the capital spending.

Addressing a discussions programme organized by the High Level Economic Reforms Recommendation Commission at the Office of the Chief Minister and Council of Ministers here today, Chief Minister Karki insisted on ‘stopping the flood of infrastructure’.

He said works should be carried out prioritizing on development of national capital, and attention should be given to promoting tourism, information technology, agriculture, and construction sectors.

“Policy capable of increasing domestic products and encouraging export-oriented enterprises should be brought and the federal government should support the province and local levels on the basis of their capacity,” Chief Minister Karki said.

Stating that economic reforms could not be achieved also due to the lack of responsibility and accountability, he called for carrying out works on the model of accountability and collaboration on topics as administrative reforms and revenue mobilization for achieving the desired results.

Koshi provincial government’s Minister for Economic Affairs and Planning, Ram Bahadur Magar underscored on promotion of small capital along with large capital. He added that export-oriented industries should be encouraged.

The provincial government ministers and ministry secretaries also attended the discussions. On the occasion, they gave suggestions as simplifying the Acts and Regulations, making the role of the regulatory bodies effective, carrying out works by delegating rights as per the spirit of federalism, promoting the employment-oriented enterprises and not expanding government offices having similar nature of work in the three levels, among others. #rss #nepal #hikmat