Targeted Growth Unattainable: FinMin Bishnu Poudel

Feb 12, 2023 04:28 PM Merolagani



Deputy Prime Minister and Finance Minister Bishnu Poudel has said that the targeted economic growth of 8 percent could not be achieved in the current FY.

Speaking in the parliament, Finance Minister Poudel added that the tightening of imports and constricted supply has affected the revenue collection and ultimately the economy.

Moreover, the policies adopted by the world economy have created new challenges for the country, he said.

As per Poudel, the inflation rate of the country has reached to 7.26 percent contradictory with the 7 percent estimated by the budget.

 




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