Kathmandu: Finance Minister Bishnu Prasad Poudel has said that investors should not be worried as all kinds of political problems will be resolved constitutionally.
Addressing the Nepal Development Update public program made public by the World Bank on Monday, Finance Minister Poudel said that all the political issues would be resolved in a constitutional manner.
Earlier, a report released by the World Bank stated that the political situation in Nepal has created confusion among investors.
The World Bank is also watching with interest the political turmoil caused by the corona virus epidemic. Addressing the issue, Finance Minister Poudel said that the government is working to save the Nepali people and economy from the second wave of Corona epidemic.
“Covid has affected Nepal’s ever-growing economy,” he said, adding that “the government of Nepal is resolving this issue in a sensible way with the enthusiasm and support of the people here.”
He also said that the government is working to distribute the second dose of vaccine to the citizens who have been vaccinated once and to provide the vaccine to the citizens who have not been vaccinated even once.
Stating that an advisory committee is working under the coordination of the Finance Minister to suggest economic recovery and restructuring, Finance Minister Poudel said that the government would move ahead in coordination with the private sector and development partners.
Stating that the government is busy preparing the new budget, he informed that the current budget will also focus on minimizing the impact of Corona. The World Bank has released the Nepal Development Update with a projection of 2.7 percent economic growth in the current fiscal year.