The budget is meant to feed the ambitious and wealthy, the target is not met: Former Finance Minister Mahat
-
Media Baaji
- Wed, 10 June 2026
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
Here are the foreign currency exchange rates set for Friday
Kathmandu. Nepal Rastra Bank has determined the exchange rate of foreign currency for Friday. According to the determined exchange rate, the buying rate of one US dollar is 147 rupees 92 paisa and the selling rate is 148 rupees 52 paisa. Similarly...
An increase of 5.32 points in NEPSE, the turnover fell to 5.82 billion
Kathmandu. On the third trading day of the week, NEPSE index increased by 5.32 points to 2655.99. During the day, 1976,780 shares of 319 companies were bought and sold, and over 5.82 billion shares were traded. Today,...
What is the exchange rate of which foreign currency on Sunday?
Kathmandu. Nepal Rastra Bank has determined the exchange rate of foreign currency for Sunday. According to the determined exchange rate, the buying rate of one US dollar is 147 rupees 64 paisa and the selling rate is 148 rupees 24 paisa. Similarly...
Gold price increased by 1400 rupees per tola, silver set a new record
Kathmandu. The price of gold and silver has also increased in the Nepalese market on Monday. Today, the price of gold has increased by 1 thousand 400 rupees. According to the Federation of Nepal Gold and Silver Busines...
Solu Hydropower's IPO will be distributed next week
Kathmandu. The IPO of Solu Hydropower Limited will be distributed only next week. Nabil Investment Banking Limited and Himalayan Capital Limited as sales managers have informed that they are working to distribute the IPO only.
In the company...
As the price of gold and silver continues to rise, how much has it reached per tola today?
Kathmandu. The price of gold has increased in the Nepali market on Sunday. According to the Federation of Nepal Gold and Silver Dealers, compared to Friday, the price of gold tola has increased by 2800 rupees and has remained at 270 thousand 60...