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Kathmandu, June 8
The Nepal Association of Tour and Travel Agents (NATTA) has encouraged the Nepal Rastra
Bank to adopt monetary policies that are beneficial to the tourist industry.
On Tuesday, a committee led by NATTA Chairman Ramesh Thapa met with the Governor of
Nepal Rastra Bank Maha Prasad Adhikari and proposed a monetary strategy to help the tourist industry recover from the Covid-19 pandemic.
The recent change in the refinancing process by the Nepal Rastra Bank (NRB) has created a very difficult situation, according to Natta, because the tourism business has slowed as a result of the Corona outbreak.
Similarly, tourism entrepreneurs have stated that due to Corona, they have been unable to
repay their bank loans on time.
Natta should make it easy for tourism entrepreneurs to get loans from banks, and provide
concessional loans of up to Rs 2 million to tour guides, trekking guides, rafting guides,
mountaineering guides, and other government-guaranteed certificates on the basis of company registration certificates, tax payments, bank guarantees, tour guide, trekking guide, rafting guide, mountaineering guide, and other government-guaranteed certificates. It has demanded that concessional loans of up to Rs. 1 lakh be made available quickly.
Similarly, there is a desire to improve the payment service when purchasing tour packages for international travels, as well as to bring uniformity to the renewal of the National Bank’;s dollar license and the Department of Tourism’s license.
