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Budget for FY 2021/22 is relatively balanced: FNCCI

KATHMANDU: The Federation of Nepalese Chambers of Commerce and Industry (FNCCI) has termed the budget for fiscal year 2021/22 announced by the government today as relatively balanced.
Talking to RSS, FNCCI senior Vice-President Chandra Prasad Dhakal said the budget was comparatively balanced.
He said that the budget’s priority was on health care and medical infrastructure mainly as the country is passing through the COVID-19 pandemic. He added that the budget has also tried to address many things put forth by the private sector. “Efforts have been made in the budget to address the several of the demands put by the private sector as it is in great difficulty in the present adverse situation. Their implementation should be done strongly in the coming days,” Dhakal said.
According to him, the budget should be taken in positive light as it has made provision for 10 days paid leave for promoting the tourism, for providing free visa to foreign tourists for one month, for promoting programmes aimed at import substitution, for emphasizing export and as the government has made commitment to bring relief programmes for the private sector affected by COVID-19.
The FNCCI Vice-President said many of the suggestions from the private sector have been addressed by the budget and it is also stated that supportive programmes would be brought for revival of the COVID-19 affected economy. He stressed on sincere implementation of all these aspects.

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