PM vows to amend style of annual policy, programme and budget

Kathmandu, Dec 26: Prime Minister Pushpa Kamal Dahal 'Prachanda' has announced a shift in the ongoing style of the government's annual policy and programme, and budget from the upcoming fiscal year.     

Addressing the nation today to unveil his government's achievements made in the past one year, the Prime Minister admitted that traditional style of policy and programme could not bring about results and added that a new style would be embraced.     

Prime Minister Prachanda argued that the traditional way of budget making has failed to allocate budget to the priority projects and make true estimates on expenditure, leading to direct impact on capital expenditure. "I plan to move ahead in a new style by changing the system of policy making and budget preparation," he added.     

Prachanda also shared that the principles and priorities of the budget for the upcoming fiscal year would be made public in February and the feedback from the people's representatives and general public would be taken on it.     

He stated that policy, structural and legal measures would be taken with the target to obtain double-digit economic growth rate.     

The Prime Minister was of the view that the government is making the best possible efforts despite the journey to development and prosperity so far was not satisfactory.     

In his address, the Prime Minister said that he would not make claim about the complete success of his government but announced that he would change the government's working style with this concern and self-review.     

Similarly, the Prime Minister made the announcement that he would not attend any of the public events except for some prescheduled and compulsory ones and added that his focus would be on new policy and programme, budget preparation, and resolve the issues in the areas of development and good-governance. "This will be a departure to change the government's working style. I am making changes to the structure of the Office of the Prime Minister this week," Prachanda stated. (RSS)