NADA welcomes budget

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KATHMANDU: The NADA Automobiles Association of Nepal (NADA) has welcomed the budget for the fiscal year 2025/26.

A NADA delegation met Minister for Finance Bishnu Prasad Paudel on Friday to express appreciation for, what it called, an automobile market-friendly budget.

Issuing a statement, NADA said it was pleased to see several of its recommendations to make Nepal’s automobile sector more dynamic and competitive included in the budget.

“This budget addresses the long-standing concerns of the automobile industry. It is business-friendly. It not only encourages entrepreneurs and traders but also contributes to revitalize the economy,” the statement read. “We hope that the upcoming monetary policy will take a similar approach.”

 

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