Incentivise Private Sector

Private sector has been the engine of Nepal's economy, driving economic growth. Taxes they pay go a long way to fund the state's expenditure and serve as lifeline to many public institutions. The sector is said to provide jobs to some five million of our countrymen, contributing to over 80 per cent of our GDP. For a vibrant economy, the vitality of the sector is crucial. Because they make up the lion's share of our productive sector, without them our development effort cannot go far enough. To meet national and climate goals, their efforts are complementary to government's actions.