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ECONOMY

Country's economy is back on track, former finance minister argues

Sankhuwasabha, Jan 21: Nepali Congress (NC) leader and former finance minister Gyanendra Bahadur Karki has said that the country's economy is on track to recovery.
By Republica

Sankhuwasabha, Jan 21: Nepali Congress (NC) leader and former finance minister Gyanendra Bahadur Karki has said that the country's economy is on track to recovery.  


At a news conference organized by the Press Union Sankhuwasabha chapter at Khandbari on Sunday, Karki claimed that the country's economy has returned to its previous speed. 


The former finance minister said that the current coalition government is working to bring the economy back on track, adding that the economy that suffered badly after the coronavirus outbreak is gradually returning to normalcy.


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On a separate note, the NC leader said the MCC is a grant assistance received from the US and that it should be completed in five years. "MCC will prove to be a cornerstone in Nepal's energy sector," he added.


He also claimed that it would help contribute to reducing the trade deficit and make the country prosperous.  


Stating that the under-construction Arun-III hydropower project will contribute to the country's economy, Karki opined that the residents of Sankhuwasabha district should be the first beneficiary of the project.


Likewise, he claimed that all the candidates of the ruling alliance will emerge victorious in the upcoming National Assembly elections.


(RSS)


 

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