Former Maoist commander reinstated as Nepal's finance minister

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KATHMANDU: Nepal has reinstated its finance minister, the president's office announced on Sunday (Jul 31), after an internal investigation found no evidence to prove he was involved in making illegal changes to the budget. Janardan Sharma resigned in early July after the speaker of parliament ordered inves

KATHMANDU: Nepal has reinstated its finance minister, the president's office announced on Sunday , after an internal investigation found no evidence to prove he was involved in making illegal changes to the budget.

Details of the reported tax rate changes have not been made public but local media reports said the tweaks allegedly permitted by Sharma, a former Maoist commander, were aimed at favouring some businesses.A presidential statement said Sharma was allowed to continue as finance minister on the recommendation of Prime Minister Sher Bahadur Deuba, who had run the finance ministry since Jul 6.

Source: News Formal (newsformal.com)

 

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