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Ram Sharan Mahat was the Finance Minister … Ram Sharan Mahat was the Finance Minister of Nepal under the government led by Sushil Koirala. He represented Nepali Congress in the parliament for four consecutive term and currently a parliamentarian from Nuwakot -2. ]. He is widely acknowledged as one of the key architects of the economic reforms in the Post-1990 period which brought significant improvements in Nepal's economy with higher growth, progress in human development indicators and decline in poverty level. However, one of the controversial legacies of Mahat is the privatisation. Though he was the supporter of privatization, actual privatization had already started before he became finance minister. Privatization was done by open competitive bidding and some part of government shares of those companies which were burden to state treasury were given to highest bidder His tenure also saw many reforms in the public expenditure management, finance and banking, and revenue reforms including the introduction of the Value Added Tax. He was the principal author of Nepal's Eighth Plan which brought about sweeping policy changes in the economy, with greater role to the private sector in economic activities. He made a key contribution on integration of maoist combatant during the peace process in the country. During his time as finance minister, Nepal was elected chairman of the IMF/World Bank Board of Governors for 1998–1999. He also served as Minister of Foreign Affairs for about a year in 1999–2000. Mahat is credited for facilitating the reconstruction and rehabilitation works in the aftermath of the disastrous earthquake in Nepal in 2015—particularly holding a partially successful donors' conference for reconstruction, and utilization of foreign aid in his district and for pushing for reforms to improve governance in the country's Ministry of finance. For this work, he was declared as the world's best Finance Minister by The Banker magazine. In the eyes of the westerners, Mahat was a good finance minister because he adopted policies that were in the interest of country and people. He worked in best interest for people and country for sustainable economic growth. He was a member of the 2nd Nepalese Constituent Assembly. He won the Nuwakot–2 seat in 2013 Nepalese Constituent Assembly election from the Nepali Congress.ssembly election from the Nepali Congress.
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रामशरण महत
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Francis Humbert Humphrey Award for Leadership Role in the Public Service
, Best Finance Minister,
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Kabilas–8, Nuwakot, Nepal
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Mahat speaking in a program on women's participation
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Raxak Mahat and Agya Mahat
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Dr Ram Saran Mahat
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रामशरण महत
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Khadga Bahadur Mahat
, Tol Kumari Mahat
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Maharajgunj kathmandu
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Roshana Mahat
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--10-12
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Ram Sharan Mahat was the Finance Minister … Ram Sharan Mahat was the Finance Minister of Nepal under the government led by Sushil Koirala. He represented Nepali Congress in the parliament for four consecutive term and currently a parliamentarian from Nuwakot -2. ]. During his time as finance minister, Nepal was elected chairman of the IMF/World Bank Board of Governors for 1998–1999. He also served as Minister of Foreign Affairs for about a year in 1999–2000. He was a member of the 2nd Nepalese Constituent Assembly. He won the Nuwakot–2 seat in 2013 Nepalese Constituent Assembly election from the Nepali Congress.ssembly election from the Nepali Congress.
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Ram Sharan Mahat
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