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<p>“The government should spend 10 percent of the country’s gross domestic product (GDP) for infrastructure development to achieve double-digit economic growth. For this, the government should work on attracting foreign investment,” a statement issued by NCC reads. </p>
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<p>According to NCC, to control the ballooning import and trade deficit, the government should focus on the productive sector, only then the economy of the country will grow.</p>
<p>“The government should spend 10 percent of the country’s gross domestic product (GDP) for infrastructure development to achieve double-digit economic growth. For this, the government should work on attracting foreign investment,” a statement issued by NCC reads. </p>
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include - APP/View/Articles/view.ctp, line 115
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::render() - CORE/Cake/View/View.php, line 473
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Notice (8): Trying to access array offset on value of type null [APP/View/Articles/view.ctp, line 115]
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<p>According to NCC, to control the ballooning import and trade deficit, the government should focus on the productive sector, only then the economy of the country will grow.</p>
<p>“The government should spend 10 percent of the country’s gross domestic product (GDP) for infrastructure development to achieve double-digit economic growth. For this, the government should work on attracting foreign investment,” a statement issued by NCC reads. </p>
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include - APP/View/Articles/view.ctp, line 115
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::render() - CORE/Cake/View/View.php, line 473
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Notice (8): Trying to access array offset on value of type null [APP/View/Articles/view.ctp, line 116]
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<p>“The government should spend 10 percent of the country’s gross domestic product (GDP) for infrastructure development to achieve double-digit economic growth. For this, the government should work on attracting foreign investment,” a statement issued by NCC reads. </p>
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<p>“The government should spend 10 percent of the country’s gross domestic product (GDP) for infrastructure development to achieve double-digit economic growth. For this, the government should work on attracting foreign investment,” a statement issued by NCC reads. </p>
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include - APP/View/Articles/view.ctp, line 116
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View::_render() - CORE/Cake/View/View.php, line 933
View::render() - CORE/Cake/View/View.php, line 473
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Increase in Income Tax Discourages Private Sector: NCC
44 sec to read
June 1: Despite the balanced budget presented by the government, the increase in the rate of income tax has discouraged the private sector, according to Nepal Chamber of Commerce (NCC).
The office bearers of NCC, organizing an event in the capital on Thursday, said that the government didn’t allocate enough amount of budget for the productive sectors like industry among others.
According to NCC, to control the ballooning import and trade deficit, the government should focus on the productive sector, only then the economy of the country will grow.
“The government should spend 10 percent of the country’s gross domestic product (GDP) for infrastructure development to achieve double-digit economic growth. For this, the government should work on attracting foreign investment,” a statement issued by NCC reads.
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include - APP/View/Articles/view.ctp, line 273
View::_evaluate() - CORE/Cake/View/View.php, line 971
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Controller::render() - CORE/Cake/Controller/Controller.php, line 968
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include - APP/View/Elements/side_bar.ctp, line 60
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::_renderElement() - CORE/Cake/View/View.php, line 1224
View::element() - CORE/Cake/View/View.php, line 418
include - APP/View/Articles/view.ctp, line 391
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::render() - CORE/Cake/View/View.php, line 473
Controller::render() - CORE/Cake/Controller/Controller.php, line 968
Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200
Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167
[main] - APP/webroot/index.php, line 117
Warning (2): simplexml_load_file() [<a href='http://php.net/function.simplexml-load-file'>function.simplexml-load-file</a>]: I/O warning : failed to load external entity "" [APP/View/Elements/side_bar.ctp, line 60]
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simplexml_load_file - [internal], line ??
include - APP/View/Elements/side_bar.ctp, line 60
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::_renderElement() - CORE/Cake/View/View.php, line 1224
View::element() - CORE/Cake/View/View.php, line 418
include - APP/View/Articles/view.ctp, line 391
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::render() - CORE/Cake/View/View.php, line 473
Controller::render() - CORE/Cake/Controller/Controller.php, line 968
Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200
Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167
[main] - APP/webroot/index.php, line 117
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<p>According to NCC, to control the ballooning import and trade deficit, the government should focus on the productive sector, only then the economy of the country will grow.</p>
<p>“The government should spend 10 percent of the country’s gross domestic product (GDP) for infrastructure development to achieve double-digit economic growth. For this, the government should work on attracting foreign investment,” a statement issued by NCC reads. </p>
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include - APP/View/Elements/side_bar.ctp, line 133
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::_renderElement() - CORE/Cake/View/View.php, line 1224
View::element() - CORE/Cake/View/View.php, line 418
include - APP/View/Articles/view.ctp, line 391
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::render() - CORE/Cake/View/View.php, line 473
Controller::render() - CORE/Cake/Controller/Controller.php, line 968
Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200
Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167
[main] - APP/webroot/index.php, line 117
Warning (2): simplexml_load_file() [<a href='http://php.net/function.simplexml-load-file'>function.simplexml-load-file</a>]: I/O warning : failed to load external entity "" [APP/View/Elements/side_bar.ctp, line 133]
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simplexml_load_file - [internal], line ??
include - APP/View/Elements/side_bar.ctp, line 133
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::_renderElement() - CORE/Cake/View/View.php, line 1224
View::element() - CORE/Cake/View/View.php, line 418
include - APP/View/Articles/view.ctp, line 391
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::render() - CORE/Cake/View/View.php, line 473
Controller::render() - CORE/Cake/Controller/Controller.php, line 968
Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200
Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167
[main] - APP/webroot/index.php, line 117
