mainlogo2.jpg (11011 bytes)

EDITORIAL


 Kathmandu Sunday October 01, 2000 Aswin 15,  2057.

 

 


Wiping Out Poverty

Millions of people in the world are living a life of misery because of poverty. South Asia houses the most number of people who are poor. Situated in the same region, Nepal too has been burdened with poverty and a majority of its people are deprived of the basic necessities which others take for granted. Therefore, it is no surprise that His Majesty’s Government has given top priority to its poverty alleviation programme. The other day, while meeting the president of the World Bank, one of the major donor agencies for Nepal, at Prague, the capital of the Czech Republic, Finance Minister Mahesh Acharya, rightly re-emphasised this policy of the Nepalese government by telling him that wiping out poverty was the main challenge for the Himalayan Kingdom. Even in its present economic reforms programme, which the international lending agency fully backs, the present government has made poverty alleviation the focal point. The government has given so much emphasis in battling poverty because, it is this factor which has come as an obstacle in the progress of other sectors too. Only if the people can be well off economically, then will the nation see progress in vital sectors like education, health and hygiene among others.

Meanwhile, as the majority of the Nepalese people, specially those living in the rural areas, are poor, it is these people who have to be targetted in the government’s poverty alleviation programme. In this regard, the authorities must also be very careful that the very economic reforms programme, which is being so much encouraged by institutions like the World Bank, does not hurt the populace who need the government’s support so much. However, it is encouraging that the World Bank feels Nepal is doing enough in the economic reforms side and the pledge by World Bank president James D. Wolfensohn, that his bank is willing to increase investment here, is also a welcome one. The confidence of an international financial institution like the World Bank, is very important for the socio-economic progress of this country, which has to rely a lot on outside support. It can be hoped this cooperation between the World Bank and Nepal will be further enhanced by the meeting between Finance Minister Acharya and the top executive of the funding agency and this will in turn lead to effective poverty alleviation programmes which will help the Nepalese poor.


Other Story


|Headline| |Features| |Local| |Letter| |Past|

Send your comments and letters to the editor at gopa@mos.com.np
2000 © Mercantile Communications Pvt. Ltd. P.O. Box 876, Durbar Marg, Kathmandu, NEPAL. Tel : 977 1 220 773, 243566, Fax: 977 1 225 407. Reproduction in any form is prohibited without prior permission. No part of the articles which appear in the internet version on THE RISING NEPAL may be reproduced without the permission of Mercantile Communications Pvt. Ltd. For reprinting rights, please write to US. Send us your feedback: CONTACT US ABOUT US  HOME  ADVERTISE WITH US

BACK TO THE TOP