How to improve the economy?

October 15th, 2023

Toyam Raya, the former secretary of the government of Nepal, has presented 15 points of measures on how the economy can be improved. He has emphasized on the need to pay attention to the issue of controlling general expenses and analyzing the benefit and loss of the use of public debt by specifically calculating the project.

Common types of expenses that occur even if not done for a few years should be controlled. Organizations and organizations with dual responsibility should be abolished.

Advisory posts should be conserved again. Interference from positions that are not held accountable and undocumented actions from positions without legal obligations should be stopped.

The use of public debt should be done after analyzing the benefits and losses of the project. Revenue administration and management should be restored to be effective. Service delivery should be done by the government itself and it can be transferred as well as the difference between regulation and regulation by the government, it should be implemented.

When allocating the budget the preparation that should be done before the project operation should be done. otherwise the budget arrangement should be controlled.
The long-term obligation to be paid by the government at that level should be done only in accordance with the law based on the competence of the respective agency.

The capacity of regulatory bodies should be increased.In any public position, apart from being elected by the people selection and appointment should be done only on the basis of competition.

Limits should be set by law on various expenses incurred by persons holding public office. The budget system should be taken to the agency system. Domestic production, protection of Indigenous crops and its market arrangement and minimum price should be ensured.

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