‘Private Sector Support A Must For Full Budget For FY 2013/14’

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Finance Minister Shankar Prasad Koirala has said that the private sector would have to extend full cooperation to the government to bring a full-fledged budget for fiscal year 2013/14. He, however, said that the government was making preparations for such a budget. Minister Koirala said so while addressing a programme organized by the Federation of Nepalese Chambers of Commerce and Industry (FNCCI) and the Pokhara Chamber of Commerce and Industry. 

“Learning its lessons from the previous years, the government has concluded that a full-fledged budget for the next fiscal year is a must. The government expects full cooperation from the private sector for such a budget,” said Minister Koirala.  

“For economic development, we must be able to increase the investment, particularly in the development of infrastructure,” remarked Koirala. He added that as the business community is the one suffering greatly from the current energy crisis, the government would try to reduce load-shedding as well. Koirala, who also holds the industry and supplies portfolio, also stressed on the need for industrial development in the country. 

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