Inflation below five percent: Finance Minister

Jun 11, 2019 RSS

Finance Minister Dr Yubaraj Khatiwada has said that the inflation would be below five percent in the coming fiscal year.

 Responding to queries raised by MPs at the National Assembly today, he said the economic growth rate would be above seven percent in the current fiscal year, with all the States likely to record more than six percent of growth.

Stating that the matter of distribution of natural resources was yet to be concluded, he said that many integrated programmes have been introduced in the agriculture sector. The finance minister also said that the concessional foreign aid should be utilized and spent well to decrease the dependency by increasing revenue.

The National Assembly will meet again on coming June 17.

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Multipurpose Finance Reschedules Book Close and AGM Date

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