As the external sector of the economy continues to strengthen, the government is assured of a good opportunity for infrastructure construction, reconstruction and development spending. Experts say that if the government increases spending, imports will increase and since there are enough foreign currency reserves in the country for imports, more and more should be spent now.

According to Rashtra Bank, foreign exchange reserves reached 28 trillion 6 billion 40 million rupees last July. Last June, such reserves were 26 trillion 77 billion 68 billion. Such reserves in US dollars were 19.5 billion at the end of June 2082 and increased by 2.7 percent to 20.3 billion last July. According to the National Bank, foreign exchange reserves up to last July are sufficient to import goods and services for 16.6 months and goods for 20.4 months. In this financial year, the National Bank had set a target of maintaining foreign currency reserves sufficient to import for 7 months. 

Moreover, the country's foreign exchange reserves have been continuously making new records for the past 35 months (almost 3 years). Foreign exchange reserves have been making records every month for the past three years as remittances are increasing, exports are increasing at a high rate even though imports are increasing, tourism and other sectors are slowly improving. 

In October 2079, the total foreign exchange reserves were 12 trillion 46 billion rupees. Since then, the stock has been consistently setting new records every month. At the same time, it has reached 28 trillion 6 billion rupees till last July. Foreign exchange reserves have increased by 6 trillion 36 billion 58 crores in the last one year alone. At the end of June 2081, the total foreign exchange reserves were 20 trillion 41 billion 10 million.

As remittances are continuously increasing, external indicators of the economy are very strong and interest rates are low, so it is a golden opportunity for the government and private sector to expand investment. Former Executive Director of Nepal Rastra Bank Nar Bahadur Thapa says that in the new situation created by the Gen-G movement, the government should adopt economical measures in current expenditure and increase capital expenditure. 

'Now we have to completely control wasteful spending, we need economy in the spending system from the individual, institutional level. Development expenditure should not be controlled. But we did not spend indiscriminately," he said. "If the government is able to provide good governance and does not go above and beyond in the plans that have been contracted out, there can be very good results from the current capital expenditure." If that happens, on the one hand, revenue will also be obtained and on the other hand, economic activities will also run, he said. The government should immediately call the builders and pay the dues. When that money goes to the market, the money reaches the hands of the citizens," he said.  Thapa said that if the government does not have money to spend

, 40-50 billion can be taken from Rashtra Bank through overdraft. In the next six months, the government should spend at least 40-50 billion. If that happens, the morale of the private sector will also improve,'' he added, 'Now we should not focus on foreign exchange reserves. As economic activity increases, it will come into play by itself. Because foreign exchange should be transformed into development and construction.

Prakash Kumar Shrestha, a member of the National Planning Commission, has a slightly different opinion. He says that since the current interim government, priority should be given to starting public services. "Anger has increased among the youth without getting good public services. The first priority should be public service speed and its quality. The second priority is that elections should be held on time," he said. "The government should not rush for reconstruction. There is no stability in the country without reconstruction.' 

Shrestha says that it is difficult for the government to raise resources internally for the reconstruction of damaged structures. It is difficult to do immediately with internal resources. Therefore, reconstruction can be done gradually by gathering resources," he said. "During the earthquake, help came from abroad. At present, the geopolitical situation does not seem to be possible for such assistance.' 

1 trillion 77 billion 41 crore rupees have entered the country through remittance only in last July. It has increased by 29.9 percent compared to the same period last year. In July last year, the remittance inflow increased by 17.7 percent to 1 trillion 36 billion 600 million. Experts say that if remittances increase, the income of the citizens will increase, but indirectly, it will help in the reconstruction work.