The government's recently made public agenda of 100 governance reforms does not include the issue of trade deficit reduction. The government has not taken any initiative to identify export trade and reduce the trade deficit. Although the government has brought many measures to promote investment, it has not made any public measures to reduce domestic production and trade deficit.

The foreign trade deficit has reached Rs 1098.13 billion between Shrawan and Falgun of the current fiscal year. Which is increasing. Former Secretary to the Government Purushottam Ojha said that the government has not brought any measures to reduce it while Nepal's foreign trade deficit is increasing year by year. "It would have been better if it had been able to say something towards solving the problem of market access seen in Nepal's export market. That important point was missed in the agenda," he said.

Ojha also said that the government has not been able to take any policy regarding the development of trade-related infrastructure, such as special economic zones, dry ports, container freight stations, and expansion of strategic roads linked to trade. The government's agenda includes establishing and operationalizing a single-door approval system within the next month under the Investment Board Nepal to provide domestic and foreign investors with integrated and convenient services within the stipulated time frame. The procedure for this is ready and will be implemented as soon as the board decides, said Sunita Nepal, Joint Secretary of the Investment Board's Office. She also said that focal persons from 14 ministries have already been appointed for the single-door system.

The government has said that it will mandatorily determine the investment structure of all projects of national pride operating in Nepal and registered with the Investment Board. To make the country's infrastructure development fast, systematic and investment-friendly, the government is going to determine the investment structure. For that, the National Planning Commission, Investment Board Nepal and the Ministry of Finance have said that they will jointly prepare and make public a 'National Structured Project Pipeline' within 90 days by classifying all projects into government funds, public-private partnership, private investment or mixed investment structures, including capital mobilization, risk sharing, implementation structure and timelines.

The government has a policy of making projects investable and moving the implementation process forward quickly. Sunita Nepal, Joint Secretary of the Investment Board, said that the work of preparing the ‘profiles’ of the 38 projects in the office is underway. ‘We have 38 projects, some have signed memorandums of understanding, some are in the process of study,’ she said, ‘We will prepare the profiles of all these projects.’

Since the National Planning Commission and the Ministry of Finance are also mentioned in the context of the investment framework, she said that a committee comprising all three bodies can be formed and implemented through it. ‘The investment framework of the project has been mentioned by the Investment Board, the National Planning Commission and the Ministry of Finance, a decision on this will be taken after a joint meeting,’ she said.

The government has stated that it will make the process of industry registration, approval and operation simple, fast and transparent by delegating more powers to the employees working at the Single Point Service Center in the Department of Industries to make it effective. Former Secretary to the government, Ojha, says that instead of a single door, there are many doors.

‘The National Single Door System is in the Customs Department, the Single Point Service Center is in the Industry Department, and it has been said that a new one will be created in the Investment Board,’ Ojha said, ‘There have been too many single doors. There have been multiple doors, the government had to study it.’ He said that the government should pay attention to merging or abolishing many institutions under the Ministry of Industry, Commerce and Supplies, including the Industrial Zone Management Company, Special Economic Zone, Industrial Business Development Corporation, Trade and Export Conversion Center, Nepal Intermodal Transport Development Committee, etc.

It has been stated that the ‘Startup Fast Track’ system will be implemented to promote entrepreneurship, improve the investment environment and make the business registration process simple, fast (within two days) and hassle-free in the country. Business registration, tax registration, bank account and other necessary permits will be integrated and services will be provided through the ‘One Door Business Platform’ within 45 days.

The agenda also mentions that the entire process will be made digital, transparent and trackable during service delivery, and legal, technical and procedural reforms will be implemented immediately for implementation.

The agenda states that the Prime Minister's Performance Unit will be established immediately under the Office of the Prime Minister and Council of Ministers with the aim of making the country's investment, production, export, productivity and development finance system integrated, effective and result-oriented. The government plans to operate a central dashboard with key performance indicators for national priority projects, ministry-level performance tracking, problem and obstacle resolution mechanisms.