Finance Minister sees need for simplification in tax system, policy coordination
Summary
Finance Minister Rameshwor Prasad Khanal emphasizes the need for structural reform in Nepal's tax system, improvement in capital expenditure, and policy coordination for economic development.
Key Points
- Finance Minister Rameshwor Prasad Khanal stressed the need for structural reform of the tax system for economic development.
- Poor capital spending in Nepal is obstructing development works, requiring focus on capital expenditure.
- The tax system needs to be simplified, transparent, and predictable to attract more investment.
- Efforts are underway to fully operationalize Gautam Buddha International Airport to boost regional business.
