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Minister Karki pledges support to solve COVID impact on business



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By A Staff Reporter
Kathmandu, Apr. 10: Minister for Communication and Information Technology, Gyanendra Bahadur Karki, said on Friday that the government was ready to support the private sector in resolving the post-COVID challenges they are facing.

Addressing the inaugural session of the CEO Conference 2022 organised by Management Association of Nepal (MAN), he said, "The government is ready to facilitate and help the private sector in identifying the challenges posed by the global pandemic and resolve them."

Minister Karki maintained that the conference would help the government in formulating policies in the days ahead. Likewise, Finance Secretary, Madhu Kumar Marasini, said that the economy is not as damaged as it is being rumoured.
'The government is ready to facilitate and help the private sector in identifying the challenges posed by the global pandemic and resolve them.'

"The Nepal Rastra Bank has Rs. 1171 billion in foreign exchange reserve while the government has only Rs. 40 billion liability of loan and interests. So, the country is on no track to meet the Sri Lankan fate," he said. According to him, the economy has corrected its course in the post-COVID scenario.
However, he stated that the small domestic production and excessive imports had created problems for the economy.

The government is ready to facilitate and help the private sector in identifying the challenges posed by the global pandemic and resolve them."
Stating that the private sector has more than 70 per cent contribution to the national economy, Marasini urged all the banks and financial institutions and investors to focus on increasing production in Nepal to make it a self-reliant economy.

Similarly, President of MAN, Kiran Kumar Shrestha, said that the conference had offered recommendations to resolve the challenges faced by various sector of business during and post-COVID pandemic.
Meanwhile, Communication Minister Karki said that the local level polls will be held on the stipulated date, reported our Bhojpur Correspondent Gokul Bhujel.
Speaking at a virtual inauguration programme of conference hall constructed by Urban Sanitation and Water Supply Project and Bhojpur Municipality on Friday, he said that since the elections of the provinces and federal level should also be held in due date, the local polls should be organised in time.

Minister Karki said that the development and change that had taken place in Bhojpur municipality after the arrival of people's representatives had really transformed the area.
"I would like to extend my heartiest congratulations to Mayor Kailash Kumar Ale for the exemplary work done by the entire country for the construction of physical infrastructure and the change in water supply," he said.

According to him, the newly constructed assembly hall should not be used only for speeches and programmes but should be utilised as a place to collect and discuss the problems of Bhojpur.
Mayor Ale said that although the President of the country and Chief Minister of Province 1 are from the district, it is lagging in development and progress.
He also mentioned that the city had undergone radical changes in education, health, transportation, drinking water and electricity following the election of the local bodies five years ago.