March 6: Amid the slowdown of economic activities and its repercussions on the economic indicators, Prime Minister Pushpa Kamal Dahal on Sunday held a meeting with stakeholders and bankers to help identify the challenges and solution to the issues faced by the economy at present.    
Government expenditure and revenue collection are lower than the target but the inflation rate is high and the private sector that suffered after the COVID-19 pandemic is yet to regain its strength.    
In the recent times, liquidity crunch and higher interest rate and crisis in the microfinance and cooperatives have posed more pressure on the country's economic activities, leaving the poor people at the receiving end.    
After the discussions with the representatives of the Nepal Rastra Bank (NRB), private sector and BFIs, PM Dahal assured the private sector of forming a high-level commission pledging to troubleshoot the economic challenges. He said the government was serious towards the prospect of a bleak economic outlook.

"I am informed and conscious to the people's grievances towards banks and microfinances. I have been taking feedback from all sectors to resolve the challenges," the PM Dahal assured.    
On the occasion, PM Dahal said he was serious to the attempts made by some elements to create fiscal anarchy.    
Talking to the RSS after holding talks with the PM, President of the Federation of Nepalese Chamber of Commerce and Industries (FNCCI) Shekhar Golchha said that the debtors, who have suffered badly, should be supported through some policy-level interventions. The troubled debtors should be sympathized and the state should address their problems but disobeying to pay the loan deliberately is anarchy, the FNCCI president said.    
Likewise, Chairman of the Confederation of Nepalese Industries Vishnu Kumar Agrawal said that they urged the PM to address the economic woes of the country as liquidity crunch, high interest rate and production costs have increased in the country.    
Agrawal said that the production cost could be reduced if the price of the petroleum products was slashed down.    
Chairman of Nepal Chamber of Commerce Rajendra Malla said that the PM has given assurance to address the challenges. He, however, said that the private sector has not felt any changes despite the government's efforts. "The government is doing something. But, that’s inadequate. We are optimistic about the government’s efforts," he concluded.  -- RSS