The main opposition party in Nepal has termed the government's white paper on the country's economy -- which blamed the previous regime for current dismal shape -- as "fabricated" and "misleading".
Former prime minister and Nepali Congress president Sher
Bahadur Deuba said the white paper lacked credibility.
In the white paper released recently, Finance Minister Yuvaraj Khatiwada claimed that Nepal's economy was in a "dismal shape" and its coffers "almost empty", for which he blamed the previous government led by the Nepali Congress.
"The governments formed after the 2006 people's movement in the country were mostly headed by leftists," Deuba said at a programme here, adding the leftist governments in the past were responsible for pushing the nation's economy towards deterioration.
Another NC leader, Prakash Man Singh said his party did not "spoil" the country's economy as highlighted in the white paper. He said, "Don't delude the public with misleading and baseless information about the Nepal's economy."
Former finance minister and NC leader Ram Sharan Mahat said Khatiwada has "cherry-picked" data to paint a "gloomy picture" of the economy.
A couple of days after Khatiwada had unveiled the white paper on the current economic situation of Nepal, which claims macroeconomic indicators of the country were not sound, budgetary position weak due to fiscal indiscipline and dependence on revenue generated through imports is expediting deindustrialisation process.
"The white paper should provide unbiased snapshot of the economy, which has not been the case this time," Mahat said.
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