Govt won’t help NAC repay loan: PM

Prime Minister KP Sharma Oli speaks at a function in Kathmandu, on Wednesday, June 19, 2019.

Kathmandu, July 1

Prime Minister KP Sharma Oli has clarified that the government will not help the national flag carrier, Nepal Airlines Corporation, repay its loan.

The Corporation has to repay millions of rupees in loans to the Employees’ Prominent Fun among others and it has been demanding that the government provide it some money to pay back the loan.

But the prime minister says the Corporation has to earn money on its own and pay back.

Speaking at a function organised on the occasion of the Corporation’s anniversary on Monday, the prime minister also demanded that the Corporation prepare a new plan to improve its economy.

The Prime Minister also expressed his fear that if the government supported the Corporation to repay loan now, it would continue seeking for such help every year.

“Rather, management and operation should improve. It has to be reflected on your practice,” he said, suggesting the Corporation should explore new destinations.

The Prime Minister claimed he had talked about exploring the new destinations with the concerned officials during his recent Europe trip.

Speaking before the prime minister, the Corporation’s trade union leader Tarini Prasad Koirala had suggested that the Corporation hand over some grounded aircraft to the Nepal Army.

Published on July 1st, Monday, 2019 11:39 AM

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