Finance Minister Dr. Swarnim Wagle has clarified that the government is not planning to do demonetization in the country.
Finance Minister Dr. Swarnim Wagle said government has not thought about ban on currency notes, which is often called demonetization. He shared this while speaking at the “Citizen, Policy, and Leadership” dialogue program. The event was organized by Rastriya Swatantra Party (RSP) at its party office in Banasthali.
No Plans for Ban on Notes
During the interactive session, participating citizens asked the minister why government is not doing demonetization. Dr. Wagle then cleared the stance of the government. He mentioned that he heard interesting questions about demonetization but he do not think it is appropriate for the country right now. He clearly said that they have not thought about demonetization at all.
The minister also added that other countries who did this exercise in the past did not get good results. He said that the success of demonetization was not seen good in those nations.
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