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Finance Minister says Nepal’s economy is ‘fevered’

Yubaraj Khatiwada

Kathmandu, December 11

Minister for Finance Yubaraj Khatiwada says the country’s economy is suffering from fever.

The Minister, however, comments that this fever is slight like the one children suffer when they lose their teeth. He says it cannot leave any long term impact.

Minister Khatiwada’s statement comes at a time when some share market investors of the country have launched a protest demanding his resignation. They have claimed that the Minister does not understand their value in the national economy.

But, speaking at a meeting of the Finance Committee in the House of Representatives on Tuesday afternoon, the economist turned politician said he wanted to utilise the money of capital market into productive sectors so that the national economy would grow.

He claimed the government was aware of the capital market.

Khatiwada assured that no one should panic as the country’s economy was moving towards a positive direction.

 

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