Nepali Congress President and former Prime Minister Sher Bahadur Deuba has lauded the contribution of the private sector to boost the national economy.

Speaking at an interaction organized by the NC's Industry and Trade Department here today, President Deuba said the role of the private sector was important for the economic prosperity of the country. "Industries and businesses should be strengthened to promote the market for domestic goods and services," Deuba added.

The role of the private sector is important in increasing the production of indigenous goods. There is a need for coordination between the private sector and the government to increase employment," he said, adding that the digital economy also has a large share in it.

"The budget for the next fiscal year should be to promote the digital economy. This will help in the promotion of information technology," Deuba added.

He further expressed the belief that the budget for the upcoming fiscal year would address the issues raised by the private sector and make the economic sector more vibrant.