Finance Ministry is planning to create a fund from one day salary of employees to invest in national development.
"We are planning to make an appeal to donate employees one day salary voluntarily — from the President to all the employees — to create a fund," said Finance Minister Barsha Man Pun without elaborating the idea that either the government employee will be asked to donate or the employees from the private sector will also be asked to donate their one day salary.
Since the idea is only under consideration, I cannot elaborate on it, he told the reporters in his office at Singh Durbar today.
"But the President to Prime Minister and ministers will contribute to the fund," said Pun, refusing gently to explain on where the fund will be invested, what will be its mechanism and who will look after it.
However, according to a Finance Ministry source, the minister may be trying to involve all the citizen in the development process of the country. But he also failed to explain why anyone should donate one day salary though, voluntarily, without knowing the effective mechanism of the fund's use.
The finance minister also said that the ministry after the mid-term evaluation, that it is preparing, will issue a remaining half year's plans and programmes for the effective implementation of the budget to achieve the government target. "By the six month end, the government has been able to spend one-third of the capital budget, which is not satisfactory as it is not enough to propel the growth," he said, adding that the government is focusing on growth with employment.
The Finance Ministry is serious on large projects of over Rs 150 million like Ranijamara, Babai and Sikta irrigation projects, he said, adding that he personally is monitoring such 70 projects as according to the budget the finance minister is designated to look after the projects of over Rs 150 million.
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