April 16: Prime Minister Pushpa Kamal Dahal has said that the government’s collaboration with the private sector can make the economy vibrant.
Speaking at a programme organized to mark the 21st anniversary of the Confederation of Nepalese Industries (CNI) in the capital on Tuesday, Prime Minister Dahal expressed the government's commitment to boost the confidence of the private sector.
"The government is serious about economic reforms," Dahal said, adding, "I am clear that the country's economy could be made dynamic in collaboration with private sector. The government has put positive interventions for economic reforms."
He clarified that the government was responsibly acting to boost the confidence of the private sector, enabling investment-friendly environment and creating incentives for result-oriented works.
The government is preparing to focus its efforts on manufacturing and employment generation, as well as revitalizing people's optimism despite the pressure, he claimed, adding, "We will take ahead the monetary policy accordingly."
He further said the problem of private sector is the problem of the economy. "The government will put all-out efforts to fix the problems."
The economy lately has shown important signs of reforms, he said, expressing confidence that the current fiscal year would be optimistic year for the economy.
"We are hosting the third international investment summit at the onset of the New Year. Over a dozen laws are under the process of amendment to draw foreign direct investment," the PM said, adding, "The year 2081 could be taken as a hopeful year."
The export of goods such as electricity, zinc sheet and cement has also increased our hope to enable country's economy, he said. "Arrival of tourists has whopped and information technology sector has also rekindled our optimism,” PM Dahal noted, adding such activities would contribute to the national income and capital formation.
Also on the occasion, Minister for Industry, Commerce and Supplies Damodar Bhandari said the government was ready to create environment conducive for promoting businesses and industries.
The event was attended by the chairpersons and representatives of umbrella organizations of businesspersons and industrialists. -- RSS