High-level political mechanism, formed (BREAKING NEWS)

By Bhola B Rana

Kathmandu, 1 Aug: Two ruling parties and the main opposition Saturday formed a high-level six-member political mechanism to break an impasse that is delaying the drafting of a constitution and integration of 19,000 plus Maoist combatants in society and Nepal Army.
Prime Minister Madhav Kumar Nepal attended a summit of Maoists, Nepali Congress and CPN-UML.
The mechanism will include two representatives from the three biggest political parties.
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Govt. reimburses ADBL

Kathmandu, 1: Government has reimbursed Agriculture Development Bank Ltd (ADBL) Rs 4.1 billion which the partially government-owned
bank waived as loans for farmers written off by the previous Maoist-led government.
Bank Chief Janak Raj Shah said now the bank’s non-performing assets has fallen to 8.6 percent from 11.9 percent.
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MEDIA GOOGLE

”This is the people’s right. They should be given the right to decide on issues of Hindu or secular state, republic or constitutional monarchy with democracy and ferderalism.”

(RPP-Nepal Chairman Kamal Thapa, Annapurna Post, 1 Aug.)

“Party Chairman Khanal’s daily statements are presenting difficulties to run the government. Chairman Khanal’s continued irresponsible, anarchic, aggressive and personal comments statements aren’t good.”

(CPN-UML leader KP Sharma Oli, Rajdhani, 1 Aug.)
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