Tourism Entrepreneurs shares their expectations from upcoming budget of F.Y 2077/78
19th May, 2020 | Tourism Mail Crew
KATHMANDU, May 18: The entire tourism sector of Nepal has been highly affected by the COVID-19. The upcoming budget for fiscal year 2077/78 is being announced and tourism entrepreneurs of Nepal are hopeful that the budget will include revival plans for the tourism sector.
President of Trekking Agencies Association of Nepal (TAAN), Khum Bahadur Subedi said that the government has announced program and policy for the upcoming budget announcement of fiscal year 2077/28 but it is not inclusive. " The economic condition of the country is poor right now, and tourism is the mostly affected region. The government should bring revival plans for both small and big industries," he said. He also mentioned that there are difficulties for trekking sector to revival because domestic tourists usually don't prefer to contact trekking agencies while visiting any places, that's why government should bring plans to sustain this region. "The government should bring plans to reschedule loans and reduce interest rate. Also, they should focus on mountain tourism," he further added.
Similarly, First Vice President of Hotel Association of Nepal (HAN), Binayak Shah said that Nepal Tourism Board have started to recognize their demands. They have suggested that in this budget the government should focus on how to look after the staffs working in the hotel sector and should create job retention fund. "We have currently recommended to establish job retention fund with 20 billion rupees amount so that we can sustain and also the loan should be exempted for at least 3 years of time." he said. He also mentioned that the tax rate should be reduced and if this situation gets better we can operate by applying preventive measures and for that the government should promote the domestic tourism. " We can focus on promoting our Nepalese lifestyle in international tourism market," he further added.
Likewise, Former Treasurer of TAAN and CEO of Arushi Boutique Hotel, Ram Krishna Timalsina said that the government should introduce quick recovery plans in the budget. " The government had announced Visit Nepal 2020 campaign in which we all were excited. We had also made some investment from our side and now due to COVID-19 we have been facing lots of difficulties. That's why the government should announce packages to promote the entrepreneurs," he said.
Former President of Regional Hotel Association of Nepal, Chitwan and Executive Director of Jungle Safari Lodge, Suman Ghimire said that tourism should be given priority in our upcoming budget. He also mentioned that if everything gets normal they can rethink about their decision of closing hotels for 6 months. Also, President of Village Tourism Development forum Dhurba Simkhada requested government to introduce relief packages, reduce loan interest and promote domestic tourism.
President of Tourism Sisterhood Nepal Association and Secretary of Nepal Association of Tour & Travel Agents (NATTA), Jiswan Tuladhar Shrestha said that tourism is not only for certain period of time rather it is for long term. " For the revival of tourism sector interest rate of the bank loan should be fully waived and the deadline of EMI should be extended. Also, Rastra Bank should provide loan easily," she added.