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ECONOMY

FinMin Khanal assumes office, forms taskforce on budget implementation

He formed a three-member taskforce on prioritization of projects for the effective budget implementation. The taskforce is formed under the coordination of the chief of Budget Division at the Ministry of Finance. 
By REPUBLICA

KATHMANDU, Sept 15: Finance Minister Rameshwor Khanal has assumed the office after taking the oath of office and secrecy earlier today.  



He formed a three-member taskforce on prioritization of projects for the effective budget implementation. The taskforce is formed under the coordination of the chief of Budget Division at the Ministry of Finance. 


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Finance Minister Khanal took a decision to not implement the projects that are not included in the budget and lack adequate preparation. The projects with insignificant values would not be put into implementation. "Now, we are burdened to hold elections and address youths' demands. So, unnecessary budgets would be slashed," Minister Khanal reminded.


Suggestions of the high level economic reform commission would also be paid heed, according to Minister Khanal. 


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