Two big political parties form government for nation’s development and stability: PM Oli

KATHMANDU: Prime Minister KP Sharma Oli has said that the two large political parties of the country have formed the government for the nation’s development and stability, and there is no need for any misgivings between the present ruling partners.
The PM was responding to questions posed by lawmakers in today’s meeting of the House of Representatives.

He said that the present government was formed with the participation of two major political parties and other parties who played an important role in Nepal’s democratic movement for development, prosperity and stability. According to him, there was high confidence and understanding among the alliance parties to continue the country’s development and prosperity and maintain political stability.

The Prime Minister expressed the belief that policy and legal reforms through the ordinances issued by the government some time ago would improve the business environment and increase economic activities by boosting investment.

He made it clear that it is not appropriate for parties that brought the ordinance with the provision of support of 20 percent of the parliamentary party members of a party for splitting the party in the past to oppose the ordinance issued with the goal of policy and legal reforms now.

In response to a question raised by Communist Party of Nepal (Maoist Centre) lawmaker Barshaman Pun, PM Oli said the government was committed to make the allocated budget priority-based and result-oriented, to address the challenges seen in the economy by carrying out economic reform programmes, to accelerate development activities, to improve service delivery and to maintain good governance.

The PM further said that arrangements have been made to select only the projects that have been included in the project bank while formulating the budget and selecting and prioritizing the project to increase capital expenditure and improve the implementation of the project by maintaining austerity in the current expenditure.

Similarly, he added that arrangements have been made to select only those projects that have been prioritized in the sector and those ones for which the source of investment has been ensured and those that will give returns in a short time, and the projects for which all the preparatory works of have been completed according to the project classification criteria.

Prime Minister Oli stressed that mechanisms would be activated to expedite the implementation of the projects, to solve the problems seen in the management of contracts, to make timely amendments to the public procurement law and to maintain inter-government tier and inter-agency coordination.