Govt. working to address private sector’s concerns: DPM Paudel

Kathmandu: Deputy Prime Minister and Finance Minister Bishnu Prasad Paudel has said the government has been working to address the problems of the private sector.

Receiving suggestions presented by Nepal Chamber of Commerce for the formulation of revenue polices and programmes for the coming fiscal year 2025/26, the economic bill and budget here on Monday, Finance Minister Paudel mentioned that the government has been making maximum efforts considering the importance of the private sector in the country’s economy.

‘Significant efforts, including amendments to laws, were carried out to end problems facing the private sector for long, soon after the formation of the incumbent government. We have been moving ahead, making necessary decisions to implement it. The government will follow the report of the High-Level Economic Reforms Suggestion Commission,’ he argued.

Stating that the government has taken steps one after another to increase overall national income, the DPM shared that the government is serious and aware of resolving problems seen in the country’s economy.

‘We have been working to make the budget for the coming fiscal year in a way to gain more achievements,’ he said, adding the government was positive to boost self-confidence and trust of the private sector as it has an important share in the national economy.

Finance Minister Paudel expressed commitment to follow the suggestions of NCC based on need.

Similarly, the President of NCC, Kamlesh Kumar Agrawal, shared that the private sector has high expectations from the incumbent government.

‘The government’s annual policies and programmes will also help make the country’s economy to become more dynamic in the coming days. The report of the High-Level Economic Reforms Suggestion Commission, comprising the private sector, has given important suggestions. There will be a positive sign in the economic sector after the implementation of the report,’ he mentioned.

Pointing out the need to make a budget focused on the development of agriculture, tourism and energy sectors, creating employment, environment of commercial and industrial investment as a top priority, the NCC submitted.

RSS