19th January 2025, Kathmandu
Finance Minister Bishnu Prasad Poudel has expressed confidence that the government will prevent both the economy and the banking sector from collapsing.
Minister Poudel Reassures Public Amid
He made these comments during a press briefing at the Ministry of Finance on Sunday. Poudel responded to ongoing negative narratives surrounding the nation’s economic situation and banking system.
Minister Poudel Responds to Criticism
The Finance Minister addressed the growing number of people making critical remarks about the country’s economy and banking system.
He pointed out that some individuals habitually spread pessimism. Poudel clarified, “We will not allow the economy to fail, nor will we allow the banks to collapse. There has been continuous improvement in our economy.”
Call to Avoid Spreading Negative Rumors
Poudel urged the public not to give in to the negative rumors about the state of the economy. He stressed that such comments only work to undermine progress. “Negative comments do not help the situation,” he said. “We must not promote such negativity.”
Government’s Investment in Public Funds
The Finance Minister also shed light on the government’s financial management. He revealed that each year, the Ministry of Finance allocates funds to 175 different types of programs and funds. These investments help in addressing various public needs and government projects, ensuring the country’s development continues.
Reassuring the Public Amidst Concerns
Minister Poudel’s remarks come at a time when there is increasing concern about the financial stability of Nepal’s economy and the health of its banking sector. With various challenges facing both, public anxiety has risen over potential risks to the country’s financial systems.
Despite the challenges, Poudel’s statements were aimed at reassuring citizens that the government is actively working to protect and strengthen both the economy and the banking system.
For more: Minister Poudel Reassures Public Amid