Finance Minister Khanal assumes office, forms taskforce on budget implementation

September 15, Kathmandu: Finance Minister Rameshwor Khanal has assumed the office after taking the oath of office and secrecy today.

He formed a three-member task force on prioritisation of projects for effective budget implementation. The task force is formed under the coordination of the chief of the Budget Division at the Ministry. The Finance Minister made a decision not to implement the projects that are not included in the budget and lack adequate preparation.

The projects with insignificant values would not be put into practice, Khanal added. “Now, we’re burdened to hold an election and address the youths’ demands.

So, unnecessary budget would be slashed,” Minister Khanal reminded. Suggestions of the high-level economic reform commission would also be paid heed to, according to the Minister.