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
Special discount for NMB Bank customers at Medanta Hospital in India
Kathmandu. NMB Bank has arranged a special health service discount at Medanta Hospital in India for its Visa debit and credit card holders. With this collaboration, customers can now get attractive discounts on various healthcare services at Medan...
Solu Hydropower's IPO sale is open to the general public from today
Kathmandu. Solu Hydropower has opened the IPO sale for the general public from January 29th today. On October 24th, the company received permission from the Nepal Securities Board to issue 20 million ordinary shares worth Rs 2 billion at Rs 100 pe...
This week, NEPSE has decreased by normal numbers, how much is the transaction on which day?
Kathmandu. This week, NEPSE index decreased by 0.56 points and reached 2714.05 points. NEPSE, which closed at 2714.61 points last week, decreased by 73.18 points to 2714.05 points this week. The market was open for five trading days this week. In...
Bringing casinos into more legal ambit, the department issued a 12-point directive
Kathmandu. The government has issued various 12-point directives with the aim of bringing the casino, which is a commercial entertainment sector, under more legal scope. The Department of Tourism under the Ministry of...
Dollar, Euro and Rial prices increased or decreased: see today's exchange rate
Kathmandu. Nepal Rastra Bank has announced the new exchange rate of foreign currency for Monday. According to the rates determined by the Central Bank, the buying rate of one US dollar is 151 rupees 71 paisa and the selling rate is 152 rupees 31 p...
Irregular Tinker Naka for four years, business affected
Kathmandu. The Tinkar Pass of Darchula, located on the Nepal-China-Tibet border, was once the main base of trade, movement and cultural relations of the local community. For generations, local people have been doing regular business of salt, wool,...



