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  • Nepali Congress accuses govt of discouraging private sector

    Kathmandu, August 16:  The main opposition party, Nepali Congress, has accused the incumbent KP Sharma Oli-led government of discouraging the involvement of private sector in the national economy.

    The party’s Central Working Committee member Ram Sharan Mahat, who led the Ministry of Finance several times over past three decades, says such a policy of the government would not lead the country towards prosperity.

    “The government made people dream economic prosperity, but could not create an environment needed for that,” Mahat said while speaking at a function organised by the party’s Policy and Training Academy in Kathmandu today, “The governments at central, provincial and local levels have haphazardly expanded the reach of taxation.”

    He questioned, “How can the private sector get attracted after you increase the tax?”

    Mahat suggested the governments at three levels have a strong coordination to take the country towards prosperity.

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