Tuesday, August 2, 2022

Former FM Sharma reinstated

Kathmandu, July 31

Former Finance Minister and CPN (Maoist Centre) leader, Janardan Sharma Prabhakar has been reappointed to the post of the finance minister on Sunday.

President Bidya Devi Bhandari appointed him to the post on the recommendation of Prime Minister Sher Bahadur Deuba as per the Article 76(9) of the Constitution.

President Bhandari administered the oath of office and secrecy to FM Sharma on Sunday afternoon, the Office of the President said in a statement. He returned to the office after 25 days of his resignation from the same post.

FM Sharma had resigned from the post on July 6 amid the controversy of inviting unauthorised persons to manipulate the tax rates at the last minutes of the finalisation of the budget for the current fiscal year 2022/23. A parliamentary committee acquitted him.  

He was appointed as the FM of the Deuba-led government last year.

He assumed the post on the same day. On the occasion, he said that he had announced a budget to create a self-reliant and production-oriented budget for the current year. "I am committed to implementing the budget to strengthen the economy. Weaknesses in the budget implementation last year will be assessed to find effective ways for budget mobilisation," he said.

He also expressed his belief in strengthening the economy by import substitution, export growth and foreign currency reserves. 

  Published in The Rising Nepal daily on 1 August 2022. 

No comments:

Post a Comment

Featured Story

Govt prepares primary draft of DRR Policy

Kathmandu, Apr. 29: The government has prepared the preliminary report of the National Disaster Risk Reduction (DRR) Policy and Strategic ...