Kathmandu: Deputy Prime Minister and Finance Minister Bishnu Prasad Paudel has asserted that the government has been working to create a favourable environment for investment. Inaugurating the 47th annual general meeting of the Trekking Agencies’ Association of Nepal (TAAN), DPM Paudel opined that activities to boost the confidence of the private sector and create an investment-friendly environment in the country were underway.
According to National News Agency Nepal, Paudel shared that the government is committed to promoting tourism and enhancing the national economy. He added that there is a positive change in all economic indicators, which were negative when the UML-led government was formed. The Finance Minister clarified that the government is not in a position to grant VAT exemptions, stating, “It has been difficult to sustain general expenses from revenue. Bring plans and programmes for business promotion rather than VAT exemption. The government is ready to facilitate.”
Paudel mentioned that the government has moved ahead on the path of economic stability by ensuring political stability. He argued that “The incumbent government is strong and stable. It will continue till the 2084 BS elections, which will give policy-level stability. We have also paid attention to the implementation of policies, programmes, and budgets brought by the incumbent government.”
Similarly, TAAN President Sagar Pandey emphasized that the government should focus on policy-level reform and infrastructure development to create an environment conducive for entrepreneurs. On the occasion, various organizations and media persons were honored for their contribution to mountain tourism development.