calendar>>July 8. 2011 Juch 100

Nepali President Calls for Pro-socialist Economic Policy

Pyongyang, July 8 (KCNA) -- "The government is committed to abide by the pacts signed in the past," Nepali President Ram Baran Yadav said, addressing the House while presenting the annual policies and programs of the upcoming fiscal year in Legislature-Parliament on Sunday

The president expressed his confidence that the parties would be able to arrive at consensus if leaders presented themselves for the welfare of the people and the peace of the country.

Yadav said the government will adopt pro-socialist economic policy by doing away with all remains of feudalistic economic mode in order to make economic development.