Nepal Breaking NewsBusinessFNCCI President: Budget is positive, but execution will be difficult.

FNCCI President: Budget is positive, but execution will be difficult.

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KATHMANDU: Shekhar Golchha, of the Federation of Nepalese Chambers of and Industry (FNCCI), has stated the governmentR7;s budget is encouraging, but its execution will be difficult.

Some initiatives to revitalize -19-affected sectors, according to FNCCI President Golchha, are critical. “Concessions to the most afflicted tourism and entertainment , as well as the government’s startup capital fund for establishing small and medium-sized businesses, are beneficial.”

He did, however, have reservations about the overall budget’s success. “The difficulty is that suggested initiatives always have a low budget. On the implementation front, I don’t much of a difference.”

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