Bhaktapur,: CPN (UML) politburo member and former Minister, Mahesh Basnet, has claimed the formation of a new coalition government involving the Nepali Congress and the CPN (UML) has raised citizens’ hope for economic enhancement.

He urged the government to assess the situation and deliver accordingly. As he said, business communities including the share market and banking sector are encouraged with the formation of the new government led by UML Chair KP Sharma Oli.

“Economic reform has been expected in the country,” he said while speaking during an inauguration of the Development Conservation and Promotion Campaign.