Economic indicators are positive: Finance Minister Paudel

Addressing the 71st Annual General Meeting of Butwal Chamber of Commerce and Industry Rupandehi on Monday in Butwal, Minister Poudel said that economic indicators including revenue mobilization, capital expenditure are positive.

'Due to the absence of a stable government in the country, development and prosperity are being challenged,' he said, after the two major parties in the parliament stood together, hope has been communicated to the people for stability, development and prosperity are.

Leader Paudel, who is also the vice-president of UML, said that the government is working to develop Butwal as an economic hub as Butwal is a transit to the east-west and north-south. Therefore, he has made it clear that there is no need for industrialists in this area to narrow their minds because nothing has happened immediately.

'The government is pressing to complete the under-construction Butwal-Narayangadh road as soon as possible,' he said, 'the tunnel under construction at Siddhartha highway, Butwal-Palpa road, will break through soon and the signature bridge at Tinau on the East-West Highway, Butwal-Chandrauta It is believed that the upgradation of the road and the construction of Butwal's Chauraha Golpark road will be completed on time and it will help the economic development of Butwal. In the

event, Hari Prasad Aryal, president of Butwal Chamber of Commerce and Industry, Rupandehi, asked the finance minister to take forward the construction work of Motipur Industrial Zone, which has been stopped due to foundation laying, and also pay attention to the impact on Nepalese industrialists and revenue due to the open border. "There is also a big problem in the payment of insurance claims," ​​he said, "It is necessary for the Ministry of Finance to pressurize for its easy payment." He said that due to the lack of political stability in the country, there is no confidence building among investors.

"Confidence cannot be built up if there is no political stability," he said. For that, the investors should have confidence building.

After the investment conference held in collaboration between the government and the private sector, eight laws that discourage investment have been reformed.

Khelraj Pandey, Mayor of Butwal Sub-Metropolitan City, Butwal Sub-Metropolitan City Special priority has been given to night market operation in Butwal, construction of Motipur industrial area and establishment of large agricultural produce center in Semlar.

He suggested that Butwal should be developed as a tourist resort and the Butwal-Muktinath, Butwal-Gorakhpur route should be developed to bring Indian tourists to Muktinath via Butwal.