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Kathmandu,Sunday May 14, 2000 Jestha 01, 2057.
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FM hints at raising civil
servants’ pay
By a Post Reporter
BIRATNAGAR, May 13 - Finance Minister Mahesh
Acharya has assured that the forthcoming budget will make the salary of the civil servants
more attractive. The budget will make the employees result- and service-oriented.
The Finance Minister said that the budget will
accord top priority to raising economic growth rate, reform in macro-economy to accelerate
the pace of development, alleviate poverty and maintain law and order.
FM Acharya made this remark while inaugurating a
pre-budget discussion programme organized by Morang Traders’ Association here today.
"The coming budget will focus on making the
people feel secure, rendering the role of poverty alleviation effective, finding out the
main challenges of development and setting strategies accordingly," said Acharya.
The Finance Minister also said the budget will be
revenue- and result-oriented and it will strengthen the sources of revenue mobilization
and make the strategies of privatization broader and efficacious.
Value Added Tax (VAT) will be taken as the main
source of revenue collection and if the retailers also cooperate the government with VAT,
the government will also fulfil hundreds of their demands, said Minister Acharya.
The budget will make efforts to attract direct
foreign investment (FDI) and to make the private sector and economic liberalization more
effective. It will also focus on managing expenses, revenue mobilization, socio-economic
development, consolidation of financial structure and financial management, said Finance
Minister Acharya.
He said the coming budget will encompass even the
oppositions’ suggestions which will boost agriculture products, give priority to
social sector investment, promote overall investment and accord top preference to the
community suffering from the imbalanced development.
The budget will also introduce strategies to
privatize state-owned banks as they are making loss and their delivery is far below
satisfactory level, said the finance minister.
He said the budget will consolidate the foundation
of revenue collection and mobilization and make the fruits of economic development
accessible to the common people.
16 representatives from all the district chambers
of the eastern region also participated in the discussion programme chaired by Udaya
Prasad Ojha, President of Morang Traders’ Association. |
