Kathmandu, Jan. 25
Nepal Chamber of Commerce
(NCC) has suggested the government for trade facilitation in a way it supports
the promotion of export business.
“It is necessary to manage
export rather than checking it. The government should expand the scope of the
tax rather than increasing the rates,” NCC President Rajendra Malla said at a
programme organised on Tuesday to mark the 70th International
Customs Day.
He said that the
businessmen had to undergo unnecessary troubles as the government failed to
implement the one-door system. He urged to implement a fully digitilised system
in customs administration.
He drew attention of
Finance Secretary Madhu Kumar Marasini to the worsening economic situation in
the country as most of the economic indicators were negative. “The government
should conduct a review of its policies and plans as well as implementation
modalities since the trade deficit has reached Rs. 880 billion.
In response, Marasini
maintained that although indicators were negative, economy has not reached the
worst level.
He also said that the
pressure on the economy was created by the increased economic activities after
the second wave of the COVID-19. He reiterated that the country would achieve
the economic growth target set by the government.
On the occasion, NCC
honoured Director of the Department of Customs Ram Prasad Regmi for his
excellent service at the office. Regmi has served at the department for 15
years.
Published in The Rising Nepal daily on 26 January 2022.
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