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 Kathmandu’s air quality slightly improves but still unhealthy KMC’s skill fair gets 10,000 plus applications for vocational training Japan and Nepal share many things in common: Japan’s Foreign… Government sensitive for promoting citizens’ health: PM Dahal Nepal-India border in Siraha to be closed for Loksabha polls Willpower needed for disaster management: DPM Lamichhane Top Headlines Nepal, India sign long-term agreement on electricity export, materializing MoU reached during PM’s visit1 NC, Maoist Centre discuss about NA election2 1.3 kilos of gold confiscated from TIA3 Govt. forms former-judge Poudel led probe commission to investigate Balkumari incident4 Dhakal recommended as SC chief registrar5 Manpower agency owner arrested for cheating more than Rs 1.9 million6 President expresses concern over ’emptying’ villages for lack of employment opportunities7 PM Dahal stresses on developing innovative agricultural system8 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 Nepal Army initiates investigation into case of financial irregularities by Lieutenant Colonel Janmat Karki Impact of Social Media on Nepalese Society Lockdown 2.0: What the Government should do this time around Police make a woman public in connection to Gongabu murder case Forbes-listed billionaire Binod Chaudhary tests positive for coronavirus Nepal Army opens investigation into case of captains thrashing soldier in Congo