गृहपृष्ठ ∕ Business ∕ Finance Minister calls for investment in result-oriented projects Business Finance Minister calls for investment in result-oriented projects KathmanduPati September 03, 2024 File Photo KATHMANDU – Deputy Prime Minister and Minister for Finance Bishnu Prasad Paudel has said the government yearns to achieve economic growth through increased investment in projects with promising results. He stated that these projects will be selected based on a thorough assessment of their benefits and costs and ensure effective management of such investments. During a meeting today with Teresa Daban Sanchez, the International Monetary Fund (IMF) resident representative for Nepal, the Finance Minister reiterated the government’s dedication to carefully evaluating loans and investments in result-oriented projects. He also expressed the government’s commitment to implementing policy reforms advised during the fourth review of the IMF Extended Credit Facility (ECF) for Nepal. Paudel assured cooperation with the IMF for the forthcoming fifth review, as said by the Minister’s Secretariat. The IMF representative cited ample potentiality for Nepal’s hydropower and tourism sectors, advising that capital expenditure in result-based areas will contribute to increasing the economic growth and the size of the economy. It may be noted that the budget for the current fiscal year aims to secure a six-percent economic growth. Write your comments RELATED NEWS Japanese Encephalitis deaths rise, government urges vigilance Criminal cases remain in police institutional memory: IGP Karki Pakistan to host South Asian games in April Three-point deal reached to deliver justice for Garima Trump tariffs push Canada to diversify trade Nepal imports Rs 24 billion worth agricultural products Top Headlines Monsoon is predictable and Nepal’s disaster response should be too1 When the State Pulls the Trigger, Who Answers ?2 Promotion Linked to Future Military Leadership: Major General Magar Could Become Army Chief3 Before the Ballots: How Oli Lost the Political Narrative4 Nepal “a Buffer State”: Rethinking foreign policy in relative terms5 Nepal’s Political Renaissance: The rise of the RSP, the re-ordering of the old political order and the political path forward6 Balen’s Silence Has Invited Curiosity, Confusion, and Concerns7 Jagdamba Group Chairman Shankar Agrawal Arrested8 TRENDING Once on the Margins, Women Diplomats Are Now Making Their Mark in Nepal’s Foreign Service Sector Pathao, Tootle resume ride sharing services after authorities relax lockdown The Role of the Nepalese Army in Strategic Road Projects A phone call that paved the way for RAW Chief’s visit to Nepal What role has the Nepal Army been playing in controlling the coronavirus? Impact of Social Media on Nepalese Society Public Relations for a Soldier Nepal Army’s mission in Lebanon provides Covid support kits to local municipalities
