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

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

Some initiatives to revitalize - sectors, according to FNCCI Golchha, are critical. β€œConcessions to most afflicted tourism and entertainment industries, as well as the government’s startup capital for establishing small and medium-sized businesses, are beneficial.”

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

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