Finance Minister Dr Baburam Bhattarai on Wednesday said that the government will present four papers during the upcoming Nepal Development Forum (NDF) meet. The meet is slated to take place from May 12 to 14.

Finance Minister Dr. Baburam Bhattarai (c) speaking in a press conference to highlight the Nepal Development Forum meeting to be held in Kathmandu from 12th-14th May, Apr 01 09. nepalnews.com/rh

Finance Minister Dr. Baburam Bhattarai (c) speaking in a press…
“While interacting with the donors, the government papers will be chiefly focused on Nepal’s development strategy, economic restructuring, foreign aid policy and its effectiveness and opportunities for private sector investment,” said Dr Bhattarai.

Three areas that the NDF will focus on include encouraging donors to assist Nepal in its priority areas for the implementation of Nepal’s development strategy prepared for the transition period, fostering more understanding between the government and the donors and chalk out a policy to develop Nepal as a preferred investment destination.

According to the minister, the theme of the NDF will be “The basis of New Nepal: Peace and socio-economic transformation”.

“The government will carry out massive consultations in five different districts from east to west,” he said, adding, “Nepal has long been relying on foreign aid. But, this time, the country needs external assistance to lessen its dependence on the same in future.”

Some 40 bilateral and multilateral donors apart from five Export-Import banks from various countries will take part in the NDF meet. nepalnews.com Apr 02 09