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Payment through banks: Minister says all local units will have banks within 3 months

Yubaraj Khatiwada

Kathmandu, July 17

Minister for Finance Yubaraj Khatiwada says all 753 local governments will have at least one bank in their jurisdiction within next three months so that the recent government decision to pay all employees through banks will be effectively implemented.

Speaking at a function organised in Kathmandu on Tuesday, Minister Khatiwada also ensured that the financial institutions would be provided with sufficient security to carry out their operations at the grassroots.

He said the federal government would coordinate with respective local governments to ensure safety and security.

In another context, the Minister also suggested that banks use renewable energy sources and fully digitise their operation systems.

He said the use of technologies would also help the government control tax evasion.

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