November 12: Finance Minister Bishnu Poudel has pledged to boost the morale of the private sector. He said that motivating the private sector and enhancing its confidence is necessary to boost the country's economy.

During a meeting with a delegation led by Nepal Chamber of Commerce President Rajesh Kaji Shrestha, Minister Paudel acknowledged that economic development cannot be achieved without private sector’s involvement.

Minister Paudel acknowledged that the role of private sector is crucial to counter the challenges created by COVID -19 in the economic sector.

He also said that the government and the private sector must collaborate with each other to face the current crisis.

The minister urged the members of NCC to conduct their business and activities by following proper health standard.

He added that the government will consider all the areas affected by coronavirus while distributing the relief packages allocated in the annual budget.

The government stands firm in its commitment and is ready to resolve the problems of the private sector, said Minister Paudel adding that the private sector should also understand the role and the limitations of the government.

NCC President Rajesh Kaji Shrestha requested the government to create a favourable environment to revitalize the economy.