Former Finance Ministers’ suggestions range from economic reforms to austerity measures
▸ Part of: Finance Minister Wagle Consults Former Ministers on Upcoming Budget, Emphasizing Reforms
Finance Minister Dr Swarnim Wagle met with eight former Finance Ministers to gather recommendations for the upcoming national budget. Suggestions included economic reforms, proper revenue collection, implementing the High-level Economic Reform Taskforce Report, and avoiding unprepared projects. Former ministers also advised on VAT in electricity, private sector involvement in electricity trade, industrial area expansion, hedging policy, realistic revenue targets, financial sector reforms, promoting small and large industries, economic dialogue for agricultural products, focusing on national pride projects, land use reform, tourism development, limiting social security allowances, operating government industries under lease, reducing foreign debt, and increasing investment in tourism infrastructure.
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