Nepal Today

Tuesday, September 11, 2012


IMF WATCHING NEPAL ECONOMY Kathmandu, 11 Sept.: Visiting delegation of the International Monetary Fund (IMF) on Tuesday called on Minister for Finance Barsha Man Pun at the Ministry of Finance, RSS reports. During the meeting, Minister Pun said that the government was cautious to reduce the impacts of political transition in country's economy. Pun said that country's economy was on right tract through one-third budget though the government failed to bring a complete budget due to lack of political consensus among the political parties. Minister Pun said, "Country's overall economic indexes are towards positive direction as the government has put economic development on top priority." Press coordinator of Finance Minister Manoj Ghartimagar quoted the Finance Minister as saying that share market was on bullish trend though condition of realty was not improved yet. On the occasion, Chief of IMF delegation Todd Schneide said that the IMF was closely watching Nepal's economy and expressed pleasure towards improving economic condition. Todd also said that the IMF would continue providing technical support to improve Nepal's economic condition. Nnnn PRAKASH SMAN SINGH SAYS RESOLVE DISPUTES FOR CA REINSTATEMENT Kathmandu, 11 Sept.: General Secretary of the Nepali Congress (NC), Prakash Man Singh, has said the Constituent Assembly (CA) should not be reinstated unless consensus on disputed issues of the constitution is forged, RSS reports. Inaugurating the day-long national seminar of district presidents and departmental presidents of the Nepal Civil Employees Union here today, Singh said there is no alternative for going for fresh mandate if consensus is not forged on the disputed issues. Reinstating the dead CA will be against the people's mandate, he said. Singh said "Prime Minister Dr. Baburam Bhattarai should step down immediately to create an environment of national consensus". He further said the Prime Minister should pave way to end political and constitutional crisis of the country. Similarly, central member of the NC, Kamala Pant suggested that the employees should focus their attention on how effective services could be provided to the people in the days ahead. A total of 220 persons including 75 district presidents, 35 departmental presidents and advisors participated in the seminar. nnnn

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