Delegation of NATTA visited Nepal Rastra Bank, Monetary Division, Pulchowk on 30th June 2019 to have discussion on upcoming monetary policies for fiscal year 2076/77.
The delegation visited the department with the purpose of requesting for the consideration on some monetary policies that has made reasonably challenging to the tourism industry. One of the major discussion was on the purchase of tourist vehicle. As Nepal Rastra Bank (NRB) had revised the loan-to-value ratio on auto loans for tourist vehicles. Likewise the existing provision for repatriation of foreign investment earnings that has to be done within 15 days.
The delegation highly requested to review such major matters being faced in the tourism industry.
NATTA had already sent a letter mentioning on the concerns of travel and tour agencies directly to Nepal Rastra Bank with a copy letter to FNCCI.
President Mr. CN Pandey, Senior Vice President Mr. Achyut Sharma Guragain, Executive Member Mr, Amrit Dhakal and CEO Mr, Jeev Raj Ghimire were in the NATTA delegation.
