गृहपृष्ठ ∕ Business ∕ Contracts of stalled projects will be terminated: Finance Minister Mahat Business Contracts of stalled projects will be terminated: Finance Minister Mahat KathmanduPati August 14, 2023 File Photo KATHMANDU – Finance Minister Dr. Prakash Sharan Mahat has made it clear the contracts of projects failing to report the progress will be terminated. During his discussions with protesting contractors at his office today, the Minister said the government would clear its payments to contractors, but again it would not hesitate to cancel contracts of stalled projects. In case of those projects for which the termination of the contracts is not a feasible option, he urged for the management of the budget and the acceleration of the projects. It is noted that the Federation of Contractors’ Association of Nepal (FCAN) has been agitating under its second phase of the protest since August 10, alleging the government’s procrastination to release payments to them. Write your comments RELATED NEWS PM Oli addresses Parliament’s Session, claims progress in development endeavors Let’s continue with good parliamentary practices: Speaker Ghimire HoR meeting begins Chair Lamichhane meets Speaker Ghimire Gold price increases by Rs 2,300 per tola PM Oli extends Sonam Lhosar greetings Top Headlines Scrutinizing Relevance of Prithivi Narayan Shah´s Thoughts and Strategy1 Relevance of Prithivi Narayan Shah in Contemporary Nepal2 Ncell is the FIRST Nepali Telecom Company to receive ISO 27001 and ISO 27701 certifications for information security and data privacy3 PM Oli extends New Year greetings4 PM Oli, Sri Lankan’s former President meet5 NA team sets out on Gorakha-Kathmandu march to promote ‘unification route’6 Gold price ups Rs 2,000 per tola7 HoR Secretary Rai sworn in8 TRENDING What Makes Prithivi Narayan Shah a Philosopher and a Truly Democratic King? 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? National Poet Madhav Prasad Ghimire no more UPAYA CITY CARGO LAUNCHES Version 3.0 Public Relations for a Soldier Impact of Social Media on Nepalese Society
