Kathmandu: Finance Minister Rameshore Prasad Khanal has pledged that reconstruction efforts will be carried out with a strong commitment to austerity. During a meeting with the heads of Nepal’s development partners at the Ministry today, the Minister assured that the physical structures damaged during the recent Gen Z demonstrations will be rebuilt-even if it requires cutting down on government spending.
According to National News Agency RSS, Minister Khanal acknowledged the vital role of development partners in Nepal’s socio-economic progress and shared the government’s immediate priorities with the team. He emphasized the interim government’s commitment to establishing a transparent, accountable, and corruption-free society while upholding the rule of law in alignment with the aspirations of the youth.
The public and private sectors incurred significant losses during the movement, according to him. The government’s efforts, the Minister said, will focus on rebuilding the damaged infrastructure, implementing economic reform programs, reducing unnecessary expenditures, and maintaining financial discipline.
The United Nations resident coordinator, UNHCR representative, ambassadors from Japan, South Korea, the United States of America, Switzerland, Finland, and Australia, as well as representatives from India, Norway, the European Union, and the World Food Programme, expressed their awareness of Nepal’s present situation and consented to the government’s policies and programs. They affirmed their readiness to cooperate with the government in continuing ongoing projects and operating further programs as needed.
Ministry Spokesperson Tanka Prasad Pandeya noted that the meeting discussed the changed political scenario and the economic roadmap and priorities set by the new government formed following the September 8-9 Gen Z demonstration.