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Newly elected CNI office-bearers- Finance Minister discuss, will tighten border areas to prevent revenue leakage: Finance Minister 

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Kathmandu. Deputy Prime Minister and Finance Minister Bishnu Prasad Poudel held discussions with the Confederation of Nepalese Industries (CNI). During the discussion, Finance Minister Bishnu Poudel said that the border areas would be tightened to prevent revenue leakage.

TAG_OPEN_div_16 He said that the biggest impact due to illegal trade has been on the government’s revenue and the border areas will be tightened. Minister Poudel has also urged to play a constructive role in the implementation of the budget for the fiscal year 2082÷83 BS.

Congratulat TAG_OPEN_div_15 ing the newly elected committee, Finance Minister Poudel said that the issues raised by the Confederation have been taken seriously. He said that the government has adopted the report of the High Level Economic Reform Suggestion Commission and has already taken it to the implementation process. He said that the suggestions to move forward in a phased manner would be forwarded accordingly.

Newly elected President of TAG_OPEN_div_14 confederation Birendra Raj Pandey led by the office-bearers of the confederation held a meeting at the Ministry of Finance on Wednesday.

Newly elected President of the Confederation of TAG_OPEN_div_12 Pandey said that the private sector is expecting improvement in the economy as the government has brought the budget to encourage production and the monetary policy has come to support the budget. He said that the confederation has set a target of achieving $100 billion in the size of the country’s economy and double-digit economic growth in the next decade and preliminary studies have shown that eight sectors should be kept at the center for this.

Similarly, a detailed study has been started on how to achieve a $100 billion economy and double-digit economic growth, he added. TAG_OPEN_div_10 Chairman Pandey has urged the government to implement the report of the High Level Economic Reform Suggestion Commission, to be strict to control theft and import and to bring an act to collect credit.

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