Monday, June 15th, 2026

Tourism sector revival fund in new budget



KATHMANDU: Minister for Culture, Tourism and Civil Aviation Yogesh Bhattaarai has said that a fund of 100 billion rupees has been established for providing relief loan and reviving the tourism sector in the new budget.

Similarly, 50 billion rupees fund would be managed for reviving the COVID-19 hit tourism sector.

Minister Bhattarai shared that the tourist entrepreneurs could borrow loans and tax and interest could be exempted in such cases.

He further opined to manage loans in five per cent interest to revive the COVID-19-hit tourism sector. He further shared that the plane landing tax was reduced and infrastructure tax in fuel was also reduced to assist the airlines entrepreneurs.

Minister Bhattarai added that the budget has been managed for different programs to give momentum to domestic tourism. He also said that one cultural village in each State was managed in the budget to promote local cultures. He opined to complete the construction works of Gautam Buddha International airport and Pokhara International Airport. Similarly, the construction works of Nijgadh International Airport would begin soon.

Publish Date : 08 June 2020 23:02 PM

Seven-point proposal fails to bridge Nepali Congress divide as factions remain at odds

KATHMANDU: A seven-point proposal aimed at resolving internal disputes within

All seven provinces set to present annual budgets today

KATHMANDU: All seven provincial governments of Nepal are presenting their

Revisiting last week: Governance, accountability and power

KATHMANDU: The past week in Nepal’s politics was defined by

Economic Digest: A Snapshot of Nepal’s Business News

KATHMANDU: Economic Digest presents a brief yet comprehensive roundup of

FIFA WC: Iranian team arrives in US

LOS ANGELES: Iran’s national football team reached the United States,