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
NEPSE down 7.01 points, trading at 6.4 billion
Kathmandu. On the first trading day of the week, the NEPSE index decreased by 7.01 points and remained at the point of 2633.53. During the day, 1 crore 21 lakh 63 thousand 78 shares of 332 companies were bought and sold, and 6 billion 40 crore 23...
What is the exchange rate of foreign currency on Wednesday?
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 48 paisa and the selling rate is 142...
A huge increase in the price of gold, how much is the transaction?
Kathmandu. There is a huge increase in gold in the Nepalese market on Wednesday. Compared to Tuesday, the price of Chhapawal gold increased by 14,400 rupees per tola, according to the Nepal Gold and Silver Traders Federation. Along with this, gold...
Preparation to ensure electricity supply from India from Kartik
Kathmandu. The Nepal Electricity Authority has said that it has completed preparations to ensure electricity supply from India from next Kartik. According to the authority, many projects are of run-of-the-river type an...
Instruction of the Ministry of Education to refund the fees charged against the law to the students
Kathmandu. The Ministry of Education, Science and Technology has directed to refund the fees charged illegally by the institutional schools across the country to the students. The ministry has issued a statement on Wednesday asking for strict acti...
Drop in gold prices, how much per tola on Monday?
Kathmandu. The price of gold has decreased in Nepali market today. Gold tola has fallen by 1 thousand 900 rupees. According to the Nepal Gold and Silver Traders Federation, gold has been fixed at 242,700 rupees per tol...