Nepal’s economic performance positive, not to worry: Finance Minister

Kathmandu: Nepal’s Finance minister on Monday dismissed claims by opposition parties that the country’s economy will deteriorate further in the coming days, saying that the Himalayan Nation’s economic performance is positive.

On Monday, three former finance ministers of Nepal– Bishnu Paudel, Surendra Pandey and Dr Yubaraj Khatiwada– belonging to party Communist Party of Nepal (Unified MarxistLeninist) (CPN-UML) made public a 12-point joint statement on the latest economic scenario of the country.

They lamented that the country’s economy was heading towards crisis and it should be brought on the right track through positive interference.

“The country has not gone through any big economic crisis based on the evaluation of available details so far,” Foreign Minister Janardan Sharma claimed on Monday while briefing the latest situation of the country’s economy.

Minister Sharma dismissed the joint statement issued by three former Finance Ministers belonging to the main opposition CPN-UML.

Sharma further said that misinformation on the issue was making the rounds with an intent to discourage traders and mislead people and viewed that such acts should be stopped.