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Arun-produced power would reduce trade deficit: Finance Minister


Nepalnews
2021 Nov 03, 12:16, Kathmandu
Minister for Finance Janardhan Sharma responding to queries raised by the lawmakers during the National Assembly meeting at the Federal Parliamnet building in New Baneshwor, Kathmandu, on Thursday, August 12, 2021. Photo: RSS

Finance Minister Janardan Sharma has said the electricity produced from the Arun River of Sankhuwasabha would enable Nepal’s economy.

At a program organized at Manakamana Raatna Ambika Secondary School based in Khandbari municipality-9, Tumlingtar on Tuesday, Minster Sharma claimed that the power generated from the Arun River would also help reduce the trade deficit of Nepal.

On the occasion, he shared that the Nepal government is constructing the Upper Arun, Kimathanka on its investment so as to strengthen Nepal’s national economy. “The government is making investments in different projects, including Arun hydropower”.

He made the commitment to spur government investment in Sankhuwasabha as a potential area for resource generation to decrease the trade deficit.

Minister Sharma further said that efforts are being made to advance the construction of hydropower projects in Arun through government companies. 

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trade deficit Finance Minister Sankhuwasabha Arun river Janardan Sharma Nepal's economy Khandbari Upper Arun hydropower
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