Nepal aims to achieve for economic growth, stability through combination of fiscal and monetary policies

Updated:4 years, 1 month ago

Kathmandu (Nepal), May 25 (ANI): Unveiling plans and policies for the upcoming fiscal year, Nepal has announced its aim to achieve economic growth and stability through a combination of fiscal and monetary policies. Nepal President Bidhya Devi Bhandari while reading out the plans and policies for the fiscal year 2022/23 in the joint meeting of both the houses on Tuesday stated that government would focus on agriculture, transport, ICT, and industry and other sectors for it. The government has given priority to the issues of conservation, utilization and beneficial distribution of natural resources through the coordination of all three layers of government. The government aims to increase domestic production by advancing industrialization through clean programs and a green economy through renewable resources. The president said that the government will prepare a concrete plan to prepare Nepal for its graduation into a developing country as mandated by the United Nations. While focusing on economic growth, the president also said the government will control inflation to a certain point. Nepal has planned to formulate a new development to address problems appearing in the development process and capital expenditure spending. Likewise, the government will make necessary amendments to the public procurement laws to make the development process smooth.

Top Videos

Updated:2 years, 5 months ago

Amid dry winter in Kashmir, snow-clad Bangus Valley in Kupwara district emerges as winter wonderland

Updated:2 years, 5 months ago

Grand welcome given to sculptor Arun Yogiraj at Bengaluru Airport

Updated:2 years, 5 months ago

Injured WB CM Mamata Banerjee meets West Bengal Governor CV Anand Bose

Updated:2 years, 5 months ago

Couple set goals! Husband to lead Sikh Regiment, wife to command ICG contingent in R-Day Parade

Updated:2 years, 5 months ago

Inside India’s and Air India’s first Airbus A350 with luxurious seats, new interiors

Updated:2 years, 5 months ago

J-K: Srinagar’s Ghanta Ghar comes alive with spectacular Tricolour lighting

Nepal aims to achieve for economic growth, stability through combination of fiscal and monetary policies

Top Videos

Related Video

Security deployment, curfew expose governance crisis in PoGB

Watch! Latest visuals emerge as Middle-East situation worsen amid escalating Iran-Israel war

Kyoto hosts cooking test to certify foreign Japanese cuisine chefs

People of Nepal, leaders vote to elect new government after Gen-Z ptotest | Nepal General Elections

Nepal: Thousands of voters leave Kathmandu ahead of Polls

PoJK: Health workers protest in Muzaffarabad over ending allowance demands

UN Rights chief praises India’s civil society

Nepali Interim PM urges voters to participate ahead of Thursday’s silence period

Foreigners soak in Holi Festivities at Kathmandu Durbar Square

Rapper-turned-Mayor Balen Shah enters PM race, launches Kathmandu campaign

“India understand the danger of Nuclear armed...” Middle East expert on Iran-Israel, US war

Geneva: UN event flags blasphemy law abuse in Pakistan and Bangladesh

UN event flags blasphemy law abuse in Pakistan and Bangladesh

Deal or war? All eyes on Geneva as US-Iran delegations resume nuclear talks ‘

Nepal’s election campaign turns increasingly hybrid

“Pakistan PM would have died if”: Trump’s most explosive claim on India-Pak War during SOTU address

Must Watch! This expert shares key insights on India-Canada ties ahead of Mark Carney’s India visit

Details of NSA Ajit Doval’s visit to Canada emerge Indian envoy to Canada Dinesh Patnaik’s full intv

Nepali Muslims observe first Friday of Ramadan with mass prayers

Watch! India-U.S. deal, Russian oil, Quad & more… Ambassador Sergio Gor shares major updates