The government has formed a taskforce to study the likely consequences of global financial meltdown on Nepal.

The taskforce is headed by Dr. Pitambar Sharma, vice chairman of National Planning Commission.

The taskforce includes acting governor of Nepal Rastra Bank Krishna Bahadur Manandhar, Finance Secretary Rameshwore Khanal, economic advisor at the Ministry of Finance Shriram Poudel, president of Federation of Nepalese Chamber of Commerce and Industry Kush Kumar Joshi, and president of Nepal Bankers Association Radhes Pant as members.

Joint Secretary of the Ministry Bimal Wagle has been appointed as the member secretary of the taskforce.

The taskforce has been formed as experts have pointed at adverse effects on Nepalese exports, remittance earning and tourism, among others, due to the global crisis. nepalnews.com sd Nov 03 08