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
The price of gold and silver decreased, how much per tola?
Kathmandu. The price of gold and silver decreased in the Nepali market on Sunday. Today, the price of gold has decreased by Rs 6,900 per tola. According to the Federation of Nepal Gold and Silver Traders, the price of...
Kalanga Hydro's IPO will be distributed on Wednesday, how many will get shares?
Kathmandu. The IPO of Kalanga Hydro Limited will be distributed on Wednesday. Sanima Capital Limited IPO is being prepared for distribution on Wednesday morning in the company's Securities Issuance and Sales Manager. Capital informed that the dist...
The government has recovered Rs 7,514 crore, more than Rs 5 billion has been deposited in the relief fund.
The Kathmandu. Prime Minister Balen Shah has unveiled the integrated progress report of the government's rescue, relief and rehabilitation work following the devastating flood in the Bhotekoshi River in Rasuwa. In a statement issued in the wake of...
On Tuesday, the NEPSE index fell by 21.15 points, the market reached 2663.18 points!
Kathmandu. On the second day of trading of the week, the stock market gauge NEPSE index fell on Tuesday. On Tuesday, NEPSE index decreased by 21.15 points and reached 2663.18 points. A total of 17,61,396 shares of 343 companies were bought and sol...
High increase in gold prices, how much per tola on Wednesday?
Kathmandu. The price of gold has increased in Nepali market today. Gold rose by Rs 7,200 per tola today. According to the Nepal Gold and Silver Traders Federation, gold is being bought and sold at 299,000 rupees per tola today. On the other hand,...
277 customers blacklisted for not paying electricity tariff
Kathmandu. Bharatpur distribution center under Nepal Electricity Authority has blacklisted 277 customers who have not paid electricity tariff in the current financial year. According to the center, action has been initiated against customers who h...