Development Partners Urged To Assist Through Government Channel

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Development Partners Urged To Assist Through Government Channel

Kathmandu,18 March 2015: The government has urged its development partners to provide assistance through the government channel.

At a discussion the Finance Ministry organized today with the local partners in Nepal’s development, the government requested the partners to augment assistance on infrastructure, and on big and integrated development projects, to maintain equality on the national priority programmes, and to participate actively in the policy level discussion.

On the occasion, Finance Minister Dr Ram Sharan Mahat said the economic condition of the country till the midterm review period was satisfactory.

The common aspiration of the local partners and Nepal government is augmenting the development expenditure, Minister Dr Mahat said, claiming that the atmosphere for the investment was being created lately. He suggested the development partners to increase investment on energy and infrastructures.

Member of the National Planning Commission, Dr Chandramani Adhikari, said the NPC has prioritized the programmes agreed in the local level and only competent projects would be endorsed in the days ahead.

Similarly, another NPC member Dr Swarnim Wagle said the ground was being created for graduating Nepal from the least developed country to the developing country by 2022. For this, raising per capita income and economic growth should be focused, he stressed.

Finance Secretary Suman Prasad Sharma said country economy was in a positive track, and all sides’ efforts were necessary to reduce the existing trade loss.

Nepal Bank Governor Dr Yuvraj Khatiwada said although the financial index was positive, the import of commercial goods was posing problems. From the development partners’ side, Jamie McGoldrick said government was in need of showing readiness to complete projects on time.

Other representatives from the World Bank, ADB, Denmark, Finland, Australia, Norway, Switzerland and others said the government approach to hold discussion on economic situation would help strengthen mutual assistance.




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