Fiscal Nepal
First Business News Portal in English from Nepal
KATHMANDU: Prime Minister Pushpa Kamal Dahal delivered a national address on Tuesday from his Singha Durbar office. This communication marked the conclusion of his one-year term as the country’s leader, with Prime Minister Dahal choosing the Office of the Prime Minister and Council of Ministers as the venue to deliver his message. During the address, the Prime Minister unveiled new initiatives aimed at advancing the nation’s welfare, particularly in the realms of good governance, social justice, and economic prosperity. These announcements were made in the context of a comprehensive review of the outcomes achieved during his tenure over the past year.
However, it is essential to note that Prime Minister Dahal, in the course of his address, presented data that has already transpired, shaping his term as an achievement. This acknowledgment carries an element of truth, albeit partially.
Prime Minister Dahal’s address covered a wide range of topics, reflecting the government’s efforts and achievements over the past year. One prominent aspect was the focus on large hydropower projects, aligning with the plan to establish electricity trade partnerships with India, Bangladesh, and China. This strategic move is commendable, considering the potential benefits for the country’s energy sector and economic growth.
The commitment to infrastructure development, as evidenced by ongoing and proposed hydropower projects, is a positive sign. However, the acknowledgment that desired results have not been fully achieved raises concerns.
The Prime Minister’s self-reflection on the complexities of previous infrastructure projects and the pledge to change the government’s working style is a step in the right direction. Scrutinizing each project and addressing mistakes without blaming is a constructive approach that may lead to more effective infrastructure development. Accountability in completing projects
The emphasis on accountability in completing development projects on time is noteworthy. The mention of the “Cantonments Model” and the commitment to a new rhythm in infrastructure development align with the government’s vision for the “Decade of Rapid Development in the 80s BS.” However, a more detailed explanation of these models and strategies would have added depth to the address.
The Prime Minister’s concern about the rate of inflation rate and the commitment to further reduce it through improved government policies and administrative capabilities is a responsible approach. The positive impact of reforms in the banking and financial sectors on interest rates are highlighted, showcasing a comprehensive understanding of economic dynamics.
The achievements in the balance of payments and the current account turning positive are significant milestones. The Prime Minister’s acknowledgment of concerns, such as the decrease in imports without a corresponding increase in exports, demonstrates transparency. The call to focus on increasing domestic production and exports, coupled with plans for targeted investment in the manufacturing sector, aligns with the goal of sustainable economic growth.
The commitment to efficient and result-oriented management in economic and fiscal agencies is crucial. The recall of diplomats and heads of missions with weakened performance reflects the government’s dedication to maintaining high standards in diplomatic representation.
Addressing the weakened capital expenditure and proposing a significant change in policy planning and budget construction is a positive step. The commitment to redefine government policies, programs, and budgets based on input from lawmakers and the public reflects a democratic approach to governance.
Proactive efforts to make regulatory and practical improvements before the upcoming investment conference demonstrate the government’s commitment to creating a favorable investment environment. The focus on Nepal’s credit rating and the implementation of a unified system for industrial registration are commendable measures.
The increase in tourist numbers and plans for the operation and expansion of international airports contribute to the country’s economic growth. However, a more detailed plan for fully operationalise the Pokhara and Bhairahawa international airports would have added substance to the address.
The call for unity among political parties, civil society, and state entities is a positive appeal, emphasizing the need to prioritize national interests over power distribution. The commitment to non-interference in universities and the emphasis on meritocracy in the appointment of the Vice-Chancellor at Tribhuvan University signal a dedication to academic integrity and excellence.
Commitment to good governance
The Prime Minister’s commitment to good governance and the rule of law, as demonstrated by actions against powerful individuals involved in various cases, is crucial for strengthening democracy. The focus on protecting national interests and addressing issues like the sale of Ncell shares through vigilance and investigation committees showcases a commitment to transparency and accountability.
The government’s efforts to reduce pressure on agriculture sector and achieve self-reliance through large-scale irrigation planning are positive steps toward food security. The integration of information technology in government services distribution and the development of the Mid-Hill Information Highway highlight the commitment to technological advancements for improved governance.
While the address touches upon various aspects of governance, economic development, and social issues, providing a comprehensive overview, it would benefit from more specific details and actionable plans in certain areas. The commitment to monitor and correct errors in infrastructure development is commendable, but a more detailed roadmap for overcoming hurdles and ensuring long-term solutions could enhance the government’s credibility.
In conclusion, Prime Minister Dahal’s address reflects a commitment to addressing key challenges and fostering development in various sectors. However, to instill greater confidence, more detailed plans and strategies, especially in the areas of infrastructure development, economic growth, and international relations, would be beneficial. The government’s emphasis on transparency, accountability, and good governance is commendable and should be consistently upheld to achieve the desired results for the nation.
But to achieve the goals Prime Minister Dahal has outlined in his statement will need cooperation from his own coalition partners as well as from within his own party. But, the performance of the government over the next year or so will depend upon his working style to a great extent.
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