Finance Minister Dr. Mahat to attend G20 meet
KATHMANDU, JULY 14: The government has decided to send a Nepali delegation led by Finance Minister Dr. Prakash Sharan Mahat to attend the third finance ministerial meeting of G20 countries- the developed and developing countries including India- being held in Gujrat, India. The Cabinet decision was made on July 11.
This was shared by Minister for Communications and Information Technology, Rekha Sharma, amidst a news conference yesterday. The Cabinet meeting also decided to permit a Nepali delegation to be led by Foreign Minister NP Saud to attend the retreat of foreign ministers from BIMSTEC countries. It will be held in Thailand. The minimum support price of mota rice per quintal has been fixed at Rs 3,198 while of medium rice at 3,062 per quintal.
As per the Cabinet decision, the term of the usury investigation commission has been extended till September 11, 2023. The term of the cooperative sectors reform taskforce, 2080 has been extended for one more month, to be effective from July 11. Moreover, the Cabinet meeting held on July 6 decided to issue an order to remove difficulty relating to Section 74 of the Public Procurement Act, 2063.
It will ease the chief of a public body to decide on the extension of a public contract without creating liability to the office. Out of a total of Rs 12.73 billion to be provided to the local levels under the fiscal equalization grant in the current fiscal year, 2079/80, forty percent- Rs 5.9 billion- will be handed over to the local levels. Minister Sharma who is also the spokesperson of the government further shared that the government endorsed the relief distribution directive, 2080 established for providing compensation to the victims of wildlife attacks.
In the previous two fiscal years, 2078/79 and 2079/80, the human resource companies that send workforce for foreign work will have their renewal for the year, 2080/81. However, it will be enforced in the case of companies that can send a minimum of 100 persons in a year. Difficulties in the renewal of these companies would be removed by the government.
The Cabinet decided to allow in principle the formulation of a tourism bill. Moreover, Thabang Rural Municipality of Rolpa has been permitted to acquire 890 square km of land for constructing an agro-produce collection and sales center. The central office of Nepal Open University has been designated at Sanothimi, Bhaktapur.
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