The government says debt relief due to the epidemic is a challenge


The government says debt relief due to the epidemic is a challenge

The government says the demand for private investment has been declining since the outbreak

The government is concerned about the moderate nature of borrowing in the country since the onset of the corona virus epidemic due to the lack of private investment requirement.

Speaking at an industry organization event on Monday, Ajay Seth, secretary, economic affairs department, finance ministry, said that among the challenges facing the government, borrowing has been moderate over the past 18 months as the epidemic has started.

Demand for this specialty has grown significantly as a result of recent corporate scandals, he said.

At the same time, despite the negative impact of Mr Seth’s epidemic, the country is on the path to economic recovery, mainly aided by a number of reforms initiated by the federal government over the past seven years.

Even during the lockout period and at the height of the epidemic, a number of significant reforms were released by the government, which helped the economy recover.

“During the last 18 months of the epidemic not only managed the impact of the epidemic, but also had some impact on the financial sector, starting with the health crisis that spread to the real economy and then on. He said.

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