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Govt prioritises productivity, job creation in policies and programmes for FY 2025/26

B360
B360 May 2, 2025, 4:19 pm
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KATHMANDU: The government will focus its agencies on productivity and job creation, President Ramchandra Paudel stated while presenting the government’s policies and programmes for fiscal year 2025/26 at a joint session of the House of Representatives and National Assembly of the Federal Parliament today.  

“The programmes operated by government agencies will be focused on the development of entrepreneurship, production, productivity, and job creation. The commercialisation of agriculture and infrastructure development will be carried out through cooperation, coordination, and collaboration among the three tiers of government,” the government’s policies and programmes state.  

Similarly, the government plans to abolish, merge, and transfer unnecessary structures to curb wasteful expenditure, expand faceless service to enhance the effectiveness of public services, and develop Nagarik app as primary digital tool for service delivery, ensuring that all possible services are available online.  

President Paudel announced that development programmes under the common rights list of the federal, provincial, and local governments, as outlined in the constitution, will be implemented in a coordinated manner. An integrated project bank system will be introduced to eliminate duplication in development programmes across the federal, provincial, and local levels.  

The government has also stated that it will develop strong and balanced international relations, prioritising national independence, sovereignty, territorial integrity, and the paramount interests of nation and Nepali people.  

To invigorate the economy, the government intends to implement the report of high-level economic reform suggestion commission and promote collaboration between the public, cooperative, and private sectors to create employment opportunities and alleviate poverty. Likewise, public-private partnerships will be encouraged to support high, sustainable, and broad-based economic growth, while ensuring harmony between fiscal and monetary policies.

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