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 the exchange rate of which foreign currency on Monday?

Kathmandu. Nepal Rastra Bank has determined the exchange rate of foreign currency for today. According to the fixed exchange rate, the buying rate of one US dollar is 148 rupees 39 paisa and the selling rate is 148 rupees 99 paisa. Similarly, the...

Seventeen lakh farmers will be listed

Kathmandu. The Ministry of Agriculture and Livestock Development will soon list about 1.7 lakh farmers who are yet to be listed. At the local and regional level, 1.737 thousand farmers were yet to be listed due to some technical reasons including...

What is the exchange rate of foreign currency on Tuesday?

Kathmandu. Nepal Rastra Bank has determined the exchange rate of foreign currency for today. According to Rashtra Bank, the buying rate of one US dollar has been fixed at 141 rupees 52 paisa and the selling rate is 142...

The price of gold and silver increased, how much did it reach per tola?

Kathmandu. On Friday, the price of gold in the Nepali market has increased moderately. According to the Nepal Gold and Silver Business Federation, the price of gold has increased by Rs 600 per tola compared to the prev...

The price of gold and silver decreased, how much is the transaction going on today?

Kathmandu. The price of both gold and silver decreased in the Nepali market on Thursday. According to the Nepal Gold and Silver Dealers Federation, today the price of gold has decreased by Rs 600 per tola. Along with this, on Thursday, the price o...

Iran turning problems into opportunities, making billions of dollars under the guise of war

Kathmandu. Iran has turned the war with the US and Israel into an opportunity. The U.S. targeted military bases near the island of Kharg Iran, but did not directly target an oil terminal for fear of a global oil crisis. Taking advantage of this, I...