The budget is meant to feed the ambitious and wealthy, the target is not met: Former Finance Minister Mahat
Kathmandu. Former finance minister and Nepali Congress leader Dr. Prakasharan Mahat has commented that the budget for the next financial year 2083-84 brought by the government is very ambitious and it has taken a policy to feed the rich class rather than the lower and middle class.
Speaking at the budget review program organized by the Federation of Nepal Industry and Trade on Tuesday, Dr. Mahat claimed that the budget size, revenue targets and economic growth projections were not realistic. In the current situation, the economic growth rate of 7 percent and the goal of creating 1.5 million jobs cannot be achieved, he said. The main weakness of Dr. Mahat pointed out.
Express
Related News
Janakpur-Jayanagar train service will be closed for 3 days for election
Kathmandu. Nepal Railway Company Limited has announced that the train service operating on the Janakpur-Jayanagar section will be completely closed for three days, aiming at the upcoming election of members of the House of Representatives. Accordi...
After the opening of Tatopani and Rasuwagadhi, Korlanaka's business declined
Mustang. After Tatopani and Rasuwagadhi checkpoints came into operation, the import-export trade from Nepal-China North Korlana located in Mustang has decreased. According to the Mustang Customs Office, there are currently very few cargo container...
Construction of Kohalpur-Surkhet 132 KV transmission line has been completed
Kathmandu. Nepal Electricity Authority has completed the construction of Kohalpur-Surkhet 132 KV transmission line. The construction of the Kohalpur-Surkhet section has been completed under the Kohalpur-Surkhet-Dailekh 132 KV transmission line pro...
Today, NEPSE increased by 30.75 points, turnover above 9 billion 20 million
Kathmandu. On the first trading day of the week, the stock market NEPSE index increased by 30.75 points and reached the point of 2631.14. On NEPSE, 297 million 38 thousand 139 shares of 300 companies were bought and so...
Extension of application deadline for companies dealing in real estate
Kathmandu. The Department of Land Management and Records has extended the deadline for applications for firms, companies or organizations that want to get a license to deal with real estate. The department has extended...
Here are the foreign currency exchange rates for today
Kathmandu. Nepal Rastra Bank has determined the foreign currency exchange rate for Tuesday. According to Rashtra Bank, the buying rate of one US dollar has been fixed at 151 rupees 24 paisa and the selling rate is 151 rupees 88 paisa.
...



