Budget positive but challenging for implementation: NCC
24 Jan 2025
KATHMANDU: Nepal Chamber of Commerce (NCC) has observed that the budget government brought for the fiscal year, 2079/80 was positive, but it was challenging for implementation.
Issuing a press release, the NCC said there were several positive points in the budget Finance Minister Janardan Sharma presented in the federal parliament on Sunday. The budget size (Rs 1.79 trillion) was huge. It was not based on reality, NCC argued.
NCC further argued that making budget huge on the one hand but lacking capacity to spend is worrying. The spending capacity was slow off of the mark because structural re...
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