June 10, 2026, Wednesday
English

The budget is meant to feed the ambitious and wealthy, the target is not met: Former Finance Minister Mahat

Main News Image

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.

mediabaaji add

Related News

What is life insurance? Why is it necessary?

 © Rabindra Lamichhane (Nabin)

What is life insurance? Why is this necessary? 
Life Insurance is a financial plan that provides financial security rela...

Gold prices moderate, silver continues to set new records

Kathmandu. As the price of gold fell in the Nepalese market on Sunday, the price of silver remained at the highest price ever. According to the Federation of Nepal Gold and Silver Dealers, today the price of printed gold has decreased by 100 rupee...

Fall in gold prices, how much per tola on Friday?

Kathmandu. Today, the price of gold in the Nepali market is falling. The gold tola decreased by three thousand rupees. According to the Nepal Gold and Silver Traders Federation, gold is being traded at 3 lakh 3 thousand 500 rupees per tola today....

Now mortgage mortgage online

Kathmandu. Government of Nepal, Land Management and Records Department is going to make the online mortgage bond system compulsory in the land office. This step has been taken to make the service fast, convenient, and middleman-free in line with t...

Public debt reached 58 trillion

Kathmandu. The share of public debt in GDP has reached 47.13 percent. As the government took 28 trillion 78 billion rupees in public debt till the end of February of the current financial year, its ratio to GDP has increased. According to the Publ...

32 points decline in NEPSE, turnover of 21.5 billion

Kathmandu. The NEPSE index fell on the third trading day of the week on Tuesday. The stock market, which closed with a historic increase of 162 points the previous day, corrected by 32.08 points today. Along with this, the market index has dropped...