Chitwan: Finance Minister Dr. Prakash Sharan Mahat expressed optimism about the country's economic trajectory, stating that it has started to improve. Speaking to journalists in Chitwan, he highlighted the increasing number of foreign tourists visiting Nepal and a rise in remittance inflow, indicating positive economic indicators.

"The economy has started to pick up. Overall, remittance inflow from abroad has gone up by 30 percent, and tourism entrepreneurs are excited about the growing number of tourists," Dr. Mahat remarked. While acknowledging that the challenges faced by entrepreneurs are being addressed, he emphasized that it will take some time for the economy to fully revive.

Dr. Mahat mentioned that several policy-level decisions have been implemented to enhance the economy, although he acknowledged that results from these decisions may take time to materialize. Responding to questions about the sale of Ncell shares, he stated that the government is currently gathering information and inquiring with Telecom officials about the potential impact of the transaction.

The recent agreement involving the sale of 80 percent of Ncell's shares by the Malaysian company Axiata Group Berhad to Spectrlite UK Limited has sparked curiosity and concerns in Nepal. Questions have been raised about the legal process and financial transparency of this offshore transaction.

On a separate note, Dr. Mahat clarified that the government has not initiated any process for mining sand and stone from the Chure region. Dismissing it as mere propaganda, he stated, "No such process has moved ahead now. However, in the related proposal, we have not mentioned Chure specifically." He highlighted the importance of considering how resources like stones and gravel can be utilized for the nation's benefit without causing harm to the environment.