Responding to questions raised during the discussion, Finance Minister Swarnim Wagle expressed confidence that the government is clear about ensuring that loans are invested in productive sectors and that the suggestions received will be implemented.
We use Google Cloud Translation Services. Google requires we provide the following disclaimer relating to use of this service:
This service may contain translations powered by Google. Google disclaims all warranties related to the translations, expressed or implied, including any warranties of accuracy, reliability, and any implied warranties of merchantability, fitness for a particular purpose, and noninfringement.
The 'National Debt Collection Bill, 2083' was approved by today's meeting of the National Assembly. The bill, which was received from the House of Representatives with a message, was passed by a majority after a clause-by-clause discussion and presentation for decision.
In the meeting, Finance Minister Dr. Swarnim Wagle presented a proposal stating that the bill should be passed without amendments and sent back to the House of Representatives. Earlier, he had presented a proposal for clause-by-clause discussion on the bill.
Responding to questions raised during the discussion, Minister Wagle expressed confidence that the government is clear about investing loans in productive sectors and that the suggestions received would be implemented.
Stating that the country's debt burden has increased over the past eight years (especially after COVID-19), Finance Minister Wagle said that it is necessary to take loans for essential tasks, and that the loans taken would be used to achieve the government's set targets and to repay past debts. He mentioned that currently, the state bears a debt burden of about Rs 3 trillion, and that the Public Debt Management Office is managing this overall.
Members Meena Singh Rakhal, Samjhana Devkota, Rukmini Koirala, and Somnath Portel participated in the discussion. They stated that merely raising loans is not an achievement, and that transparent distribution and direct returns in sectors such as agriculture and energy must be demonstrated.
