Overall economic indicators are positive: Ministry of Finance

April 12, Kathmandu: The Government has said that the Country’s economy, marred by the global COVID-19 pandemic for over two years is returning to normalcy.

At a press conference organized on Monday at the Ministry of Finance, Minister Sharma informed around 98 percent of industries were operative till the end of the Nepali month of Kartik, 2078 BS as compared to Falgun, 2076 BS.

He added signs of improvements were observed in the registration of industries and direct foreign employment for Nepali migrant workers.

Expressing his hope that there would be a positive impact on economic growth in the country, the Minister shared his confidence that there would be positive results in the effective implementation of mechanism related to fiscal policy and monetary policy, foreign exchange reserve, remittance inflow, increment in the operation of industries and discouragement in the loan flow into low productive sector and in the import of non-productive goods. T