Kathmandu,
Nov. 7
USAID
Assistant Administrator of the Bureau of Asia, Ms. Gloria D. Steele has assured
Nepal for the agency's continued support to socio-economic transformation along
with implementation of federalism.
In
her courtesy call with the Minister for Finance Dr. Yuba Raj Khatiwada on
Thursday, she also mentioned USAID’s readiness to support capacity building
efforts of the Government particularly at the provincial and local levels
together with other development partners.
FM
Dr. Khatiwada appreciated decades long USAID support in various areas of Nepal's
development. He also expected continuation of USAID as a long standing partner
for the development efforts of Nepal.
He
highlighted that Nepal had focused on credible budget system along with
accountability, transparency in Public Financial Management (PFM) at all levels
of the government, said the Ministry of Finance in a statement.
Dr.
Khatiwada pointed out that importance of effective revenue mobilisation
avoiding multiple and double taxation so as to reduce the cost of doing
business as components of PFM.
Steele
appreciated the Nepal’s success in implementing fiscal federalism and expected
further steps to consolidate the reforms taken so far.
Ambassador
of the United State of America to Nepal, Randy Berry highlighted the importance
of partnership in the development efforts of Nepal, on the occasion.
Published in The Rising Nepal daily on 8 November 2019.
No comments:
Post a Comment