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Home Prime News

‘Technological progress has both pros and cons’

CEO Tab by CEO Tab
September 3, 2023
in Prime News
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“Budget priorities increase in capital expenditures”
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Finance Minister Dr Prakash Sharan Mahat has said technological progress has both opportunities and challenges. 

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Inaugurating the 25th annual general meeting of the Society of Economic Journalists (SEJON) in the federal capital on Saturday, Minister Dr Mahat viewed that the technological progress carries both pros and cons. He also added that politics and journalism are also undergoing a test. 

Technology has posed challenges before politics, security, bureaucracy, private sector and journalism alike, Minister Dr Mahat reiterated, underscoring professionalism and accountability in all sectors. “After I assumed office at the Finance Ministry, I’m devoted to the country and people,” he shared. 

He further informed that he was always ready to own up his decisions and to listen to journalists’ queries. The Minister was for continuous interaction with SEJON. He also sought cooperation from banking and private sectors and media to boost the national economy. 

According to him, the tourism sector is being revived and there is an adequate foreign currency reserve. Government is committed to addressing the problems facing the national economy. He however admitted that revenue collection had not met the target.

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