Government Unveils Mega Strategy to Boost Exports and Control Trade Deficit

Kathmandu. The government has put forward a multi-faceted 'mega strategy' to control the country's growing trade deficit, increase foreign exchange earnings, and make domestic products competitive in the global market.

With the ambitious goal of increasing the share of exports of goods and services in the country's Gross Domestic Product (GDP) to 20 percent within the next 5 years, the government has implemented separate 5-year strategic action plans for the promotion of major exportable goods.