"Despite having money, capital expenditure could not be done due to lack of capacity"

He said that even though there was enough capital to invest, foreign aid could not be spent due to lack of spending capacity. Now the government is not short of money. Not enough spending power. Even now, the amount committed to foreign aid is more than 5 billion. The annual capital budget is only 3 trillion," he said. "Outgoing finance minister Prakasharan Mahat said that there is a positive challenge. He said that the government can get this support. Now it is not collecting but spending. We have not been able to spend even the committed amount, where is our weakness? In the past, foreign aid used to spend 20 to 25 percent, but now it is limited to only 7 percent.

Finance Minister Pun also questioned whether the human resources could not be made competent in the matter of capital expenditure. He said that it is necessary to review this matter. "The challenges in the field of public finance by the finance minister can be faced. Power and opposition can be completed on the basis of the advice and suggestions of all MPs. Prosperity of the country, good governance, social justice are our common commitment. We will make policies and programs, budget and monetary policy in an integrated manner," he said.

Finance Minister Pun is committed to include the suggestions of parliamentarians in the upcoming budget. He said that the policy and program and budget will be formulated based on the suggestions given by the parliamentarians regarding the principles and priorities of the appropriation bill. While answering the questions raised by the MPs during the discussion regarding the principles and priorities of the appropriation bill for the next financial year in the meeting of the National Assembly on Wednesday, Minister Pun said that the suggestions from the MPs will be included during the budget preparation.

I promise to include the issues raised by the MP in the budget. Programs and plans that do not receive returns according to investment will be canceled or restructured and new model programs will be introduced. Agricultural firms will be established in collective system land consolidation, use of barren land and chaklabandi, he said, emphasis will be placed on fertilizer, advanced breed seeds, and technical manpower services from the federal government. I express the commitment of the government to speed up the journey of prosperity by fulfilling the people's desire for rapid development. The government is sensitive to the issues raised by the parliamentarians in the assembly.

Finance Minister Pun said that the government will cancel or restructure the programs and plans that do not receive returns according to the investment and bring new model programs. "Currently, there are challenges in the economy, to get out of these challenges, the government is committed to speed up the economic activities and trust the private sector by making policy reforms to remove the laxity seen from production to consumption and from investment to trade," Finance Minister Pun added, "in the sustainable management of public finances in the coming financial year. In order to reduce the gap between revenue and expenditure, which is a challenge, revenue reform, frugality in government expenditure, foreign innovative sources will be identified and mobilized. Finance Minister Pun also said that new projects will be started only after ensuring the resources of incomplete projects to speed up the implementation. He said that an environment will be created to use the capacity of the private sector and the government in the efficient support of resources, production and employment growth.

'I want to make it clear that social justice should not be neglected in the budget because the focus is not only on prosperity but on prosperity with social justice,' he said, 'You have raised the issues of cooperatives, microfinance and metered interest in the economy. The common minimum resolution of the new power equation has been released. The focus of the resolution is to make the weak economy viable. Finance Minister Pun said that solving the problems seen in the economy and the problems of cooperatives, microfinance and meter banking are priorities, so the next year's budget will focus on the implementation of the resolution of the power equation. He claims that after that, the economy will gain a new momentum and all the current problems will be solved. Finance Minister Pun said that the problem of increasing youth migration will be solved by emphasizing on production and productivity growth.

'You may have to keep your hands on your head when you bring a big budget'

Outgoing Finance Minister and Congress MP Prakashsharan Mahat has claimed that when you bring a big budget, Finance Minister Barshman Pun will have to keep his hands on his head due to long-term liability. In the discussion regarding the principles and priorities of the appropriation bill for the financial year 081/082 in the Wednesday meeting of the House of Representatives, Mahat expressed his displeasure that the current coalition government is preparing to bring a budget of more than 20 billion.

Although it seems that everyone is happy for a moment when such a budget is brought, he claims that there will be a situation where the Finance Minister will have to keep his hands on his head during the creation of long-term obligations and declarations made by the budget. Mahat claims that when he was the finance minister, he did better for the country's economy than for the party. "Rather than supporting the party, I did the work of bringing the situation in the budget to the fore. If the budget is not brought up to date, we are going to face a bigger problem. I am hearing that the government is planning to make a budget of 20 billion,'' he warned, 'proposing the budget and showing imaginary sources of income, announcing that they have budgeted everywhere and meeting the demands of the workers by distributing them, everyone seems to be happy for a moment. But it creates a long term obligation to do so and the declaration is not fulfilled. Then the Minister of Finance should put his hand on his head.

Mahat also reminded the obligation to pay 3 trillion 31 billion rupees this year. The finance minister cannot deny that. He should allocate 4 trillion 35 billion for that," he said.