Economic prosperity present need: Minister Mahat

Kathmandu, Jan 28: Finance Minister Dr Prakash Sharan Mahat has said economic prosperity and infrastructures development – the urgency at present.

‘National’s economy is gradually getting back to track. So, infrastructure development should be intensified’, he reminded during a ‘NMA Marketing Summit’ organized by Nepal Marketing Association in the federal capital on Saturday.

“Country’s economy is improving gradually. We already witnessed political upheaval, so it’s time to focus on consolidating economic infrastructures,” the Finance Minister said, explaining, “Economic indicators are positive. Inflation is under control. Interest rate is lowered. Share market is in progress. These are helping spur economic activities.”

He also pointed out the need of spreading positive messages. Confidence building is also essential. “Talking negatively dented our confidence. So, it is time to spread positive messages and restore commercial activities,” Minister Mahat underlined.

The Finance Minister, however, admitted that there was no adequate marketing of goods and services. Unique production in Nepal can be marketed globally, he suggested.