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HoR Meeting

Prem Suwal’s question: Is people’s multi-party democracy’ just a staircase to capitalism?

Suwal, speaking during the parliamentary debate on the government's policy and program, expressed his dissatisfaction with the economic state of the nation.

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KATHMANDU: Prem Suwal, a Member of Parliament from the Nepal Workers and Peasants Party, raised pointed questions about Prime Minister KP Sharma Oli’s economic policies and governance.

Suwal criticized the government’s direction, questioning whether the country’s shift towards a capitalist model of governance truly reflects the interests of the people.

Suwal, speaking during the parliamentary debate on the government’s policy and program, expressed his dissatisfaction with the economic state of the nation.

He pointed out the staggering national debt of Rs 27 trillion, a trade deficit of Rs 15 trillion, and a fiscal deficit of Rs 6 trillion.

According to him, these figures paint a grim picture of the country’s economic health, which he described as indicative of a failed policy framework that only worsens the suffering of ordinary citizens.

He further questioned whether the government’s promise of “prosperous Nepal, happy Nepali” was truly achievable, given the current state of affairs. “Is this rapid economic growth, which is supposed to lift the country, truly possible under such conditions? How can we expect prosperity when 25% of our population continues to suffer from malnutrition?” he asked.

Suwal also took issue with the lack of accountability for alleged corruption and land misuse, specifically citing high-profile cases involving the Patanjali group, Giribandhu Tea Estate, and the Bal Mandir land issue. He demanded answers regarding why no action had been taken against the individuals allegedly responsible for these controversies.

Additionally, Suwal raised concerns about the cooperative sector, questioning when the government would take action against the alleged mismanagement that has led to a four-trillion rupee loss in savings.

His remarks underscore growing frustration within certain sections of Nepal’s political landscape, as critics argue that the current administration’s policies fail to address the pressing economic and social issues facing the country.

As the debate continues, many are left wondering whether the government’s ambitious plans for economic growth can indeed overcome the challenges it faces.