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 PM Shah expresses commitment to making police organization capable Flood relief funds reach Rs 17.54 billion Landslide suspected as cause of deadly Budhi Gandaki flood CJP leaders released after 24 hours in Delhi police custody Riyadh airport attack kills 12, injures 309 Flood sweeps away six bridges, 10 people missing Top Headlines Monsoon is predictable and Nepal’s disaster response should be too1 Nepal “a Buffer State”: Rethinking foreign policy in relative terms2 Promotion Linked to Future Military Leadership: Major General Magar Could Become Army Chief3 When the State Pulls the Trigger, Who Answers ?4 Before the Ballots: How Oli Lost the Political Narrative5 PM Shah pledges Krishnabhir highway reopening within month6 Nepal’s Political Renaissance: The rise of the RSP, the re-ordering of the old political order and the political path forward7 Balen’s Silence Has Invited Curiosity, Confusion, and Concerns8 TRENDING Nepal Army’s mission in Lebanon provides Covid support kits to local municipalities Police make a woman public in connection to Gongabu murder case Asheem Man Singh Basnyat: We can evolve as a company to better suit a post-covid world Nepal Army opens investigation into case of captains thrashing soldier in Congo Govt Making Preparations to Reduce the Tenure of Armed Police Force’s IG to Three Years “Ranju Darshana: Government has been using superiority approach to handling pandemic” India-Nepal Bilateral Dialogue is the only way forward: Dr. Nihar Nayak The origins of MCC and its future in Nepal
