Nepal to focus on digital economy: PM

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Nepal to focus on digital economy: PM

STORY: Nepal to focus on digital economy: PM DATELINE: June 24, 2023 LENGTH: 00:01:03 LOCATION: Kathmandu CATEGORY: ECONOMY SHOTLIST: 1. various of Huawei Mobile Nepal Congress & Digital Nepal Conclave 2023 2. various of Nepali Prime Minister Pushpa Kamal Dahal speaking 3. various of attendees STORYLINE: Nepali Prime Minister Pushpa Kamal Dahal said on Friday that his government had prioritized the development of the digital economy and digital services to improve the service delivery to people. "The government has allocated 1 percent of the total development budget for innovation and start-up for the next 2023-24 fiscal year," Dahal said at a digital conference held by Huawei Nepal in Kathmandu. Dahal noted that the budgetary allocation was increased to encourage Nepali youth to focus on innovation and work to develop hardware and software to meet needs at home. Nepal has also lowered the threshold of foreign direct investment in information and communication technologies to about 153,000 U.S. dollars

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