“Finance Minister Emphasizes Government’s Pro-Private Sector Stance

“Finance Minister Emphasizes Government’s Pro-Private Sector Stance

During a meeting with representatives from the Revenue Advisory Committee and private sector umbrella organizations at the Ministry of Finance, Finance Minister Barshaman Pun highlighted the government’s efforts to promote a private sector-friendly agenda. Minister Pun noted that the active participation of the private sector in the recent Nepal Investment Summit serves as a testament to the government’s pro-business initiatives.

Minister Pun emphasized the government’s dedication to cultivating a business-friendly atmosphere conducive to private sector growth. He informed attendees that the government had revised eight laws through ordinances to create a more investment-friendly environment.

The Finance Minister stressed the importance of collaboration between the government and the private sector to combat the current economic slowdown. He expressed optimism that joint efforts would result in a favorable economic climate.

Minister Pun reiterated the government’s support for enhancing productivity through partnerships with the private sector. He emphasized the government’s commitment to ensuring the competitiveness of private enterprises.

Furthermore, Minister Pun assured stakeholders that any changes in tax rates would be made based on the country’s needs and relevance, reflecting the government’s responsiveness to economic dynamics and priorities.

In summary, Minister Pun’s remarks underscore the government’s proactive stance in promoting private sector participation and fostering a conducive environment for economic growth and development.

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