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
National Life gave 1 day training to the agents of Koshi region
Kathmandu. National Life Insurance Company Ltd. has provided 1 day training to the group of agents who have been working in different branch offices in Koshi province. International trainer Syed Alfaz Ahmed provided training to 120 agents who were...
Increasing Nepalese access to financial services: significant improvement in the index
Kathmandu. There has been an encouraging improvement in access, use and quality of financial services in Nepal. According to the financial inclusion index released by Nepal Rastra Bank on Sunday, the overall index has increased from zero.47 to zer...
ADB Project’s Rs 420 Million Budget Under Scrutiny, Consultant Selection Sparks Controversy
Kathmandu — The consultant and service provider selection process under the Rural Connectivity Improvement Project, implemented through the Department of Local Infrastructure Development with support from the Asian Development Bank, has come under...
Muglin -Malekhu road upgradation work started
Kathmandu. The work of upgrading the Muglin-Malekhu road, which was only a normal work due to the rainy season, has started gaining intensity. After June, the road upgrading work slowed down. After the rain stopped and the festival was over, the w...
The price of eggs increased from today
Kathmandu. Due to decrease in egg production and increase in demand, the price has been increased. Layers Poultry Farmers Association has fixed the new price based on the farm price to be implemented from May 1. According to the new rate, the farm...
What is the price per share in the women's microfinance share auction?
Kathmandu. Mahila Laguvitta Financial Sanstha Limited has placed 84 thousand 537 shares of founder shares for auction sale. The company has auctioned 74 thousand 246 shares in the name of founder shareholder Niru Kuthumi Rai and 10 thousand 291 sh...