Nepal Chamber of Commerce

The Nepali government is finalizing the budget for fiscal year 2083/84, set to be presented by Jestha 15, with a strong emphasis on fostering a private sector-friendly investment environment and implementing economic reforms. Key policy priorities include reducing acquisition and tax-related hurdles, enhancing the one-door service system, and increasing investment in industrial infrastructure to lower costs. The Finance Minister has described the upcoming budget as the commencement of a new, transformative phase of economic reform.

The Nepal Chamber of Commerce has expressed serious concern over the Department of Transport Management's decision to halt the registration of new public transport vehicles. The Chamber argues that this abrupt decision, made without prior consultation with entrepreneurs, poses significant financial risks to those who have already imported vehicles and negatively impacts Nepal's business environment.