Home demo Budget of 50 billion set for revival of tourism sector
June 9, 2020

Budget of 50 billion set for revival of tourism sector

Kathmandu: Minister for Culture, Tourism and Civil Aviation Yogesh Kumar Bhattarai has said that a budget of 50 billion has been set aside for revival of ailing tourism sector due to Covid-19 besides managing a revival budget of one trillion for it in the new fiscal year budget.

Minister Bhattarai said that exemption for parking and landing fees for the airlines has been arranged along with relaxation in the fuel tax.

Budget has been arranged for construction of hill stations in provinces to take stock of the prevailing diverse natural beauty. Domestic tourism promotional activities will further be geared up to boost the sickening tourism industry  said the Minister.

He further said the government has taken the policy of tourism strategic plan for 2016-2025 focusing on identifying the cultural heritages to make Nepal one of the main tourist destinations in this region so that tourism can be backbone of the financial sector.

At least one main tourist destination will be located in each of the provinces along with development of access availability of local airports for which budget has been arranged as much as 790 million rupees.

Each provinces have been given a specific budget for the development of tourism promotional activities in the new budget which includes construction of cultural villages in each of the provinces.

Gautam Buddha International airport and Pokhara regional international airports have been put on highest priority and budget has been set aside for them said Minister. Nijgad international airport will also be given priority according to the government plan and strategy.

Gross Domestic Product from 3% will be boosted to 10% by increasing the stay of the tourists up to 14 days and ensuring expenditure of 80 dollar per day.

Nepal flag carrier aircraft -Nepal Airlines Corporation will also be further strengthened with budget allocated for its refurbishing.

The government has allocated around 19 billion for the refurbishing of the airlines sector.

A budget of one billion 260 million has been allocated for tourism infrastructure development and civil servants will be sent on long holiday leave to promote domestic tourism.

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