On behalf of Trekking Agents’ Association of Nepal- TAAN, we welcome the budget for the fiscal year 2077/78 BS presented by Minister of Finance Dr Yuba Raj Khatiwada in the federal parliament recently.
Even though it is not complete, the budget is able to cover many aspects of Nepal’s tourism. Plans for airport improvements, introducing newer technology, and better air service are positive. An encouraging aspect of the budget for us is the mentioning of the trekking sector including others. The interest rate of 5% to be offered to tourism entrepreneurs will probably be helpful but would not be able to guarantee the existing jobs.
The main challenge ahead is to implement the budget by incorporating the financial plan into the functional guidelines of the government. Previous budgets were not properly implemented. We wish it is better implemented this year and all stakeholders, big or small, benefit from it.
In a nutshell, we are positive towards the budget. But the question of its implementation is more important to us. The government should ensure the effective implementation of the budget.
(Mr Khum Bahadur Subedi, President, TAAN as per the conversation with Pramesh Pradhan, Director, Editorial Department, Online Kathmandu on 5th May 2020).
Other Good Reads