Nepal Chamber of Commerce Presents 17 Economic Boosting Suggestions to Finance Minister
The Nepal Chamber of Commerce has presented 17 suggestions to Finance Minister Barsaman Pun, focusing on enhancing the country's economy.
These suggestions encompass areas such as increasing capital expenditure, reforming customs administration, promoting exports, and creating a conducive environment for investment.
Key proposals include abolishing reference prices for imports, establishing high-level quarantine measures for exports, and attracting international IT companies to generate employment opportunities.
Additionally, the Chamber advocates for policy adjustments in VAT, mortgage lending, and land availability for IT parks.
Chamber President Rajendra Malla emphasizes the need for a supportive investment climate and calls for amendments to facilitate international investments.
Finance Minister Pun assures collaboration with the private sector to stimulate economic growth, emphasizing the government's commitment to addressing economic challenges and increasing capital expenditure.