The budget is meant to feed the ambitious and wealthy, the target is not met: Former Finance Minister Mahat
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
Two white papers published by the government for the improvement of water and weather sector
Kathmandu. The government has released two white papers for strengthening the water and weather sector, making the flood warning system effective and disaster risk reduction. Hydrology and Water Resources Research Center and Department of Water an...
5.15 points decline in NEPSE, turnover of 3.89 billion
Kathmandu. On the first trading day of the week, the NEPSE index decreased by 5.15 points to 2540.57. During the day, 337 companies bought and sold 7.957 thousand 56 shares, with a turnover of 3.89 billion shares. Toda...
On Wednesday, the NEPSE fell by 30.09 points, with debentures the most traded
Kathmandu. On Wednesday, the third day of trading of the week, the stock market gauge NEPSE index decreased. On Wednesday, NEPSE index decreased by 30.09 points to 2621.59 points. A total of 84 lakh 63 thousand 15 shares of 362 companies were boug...
Courage Energy and NRN Infrastructure have applied to the Securities and Exchange Board to issue 100 percent rights.
Kathmandu. Two companies have sought permission from the Nepal Securities Board to issue rights. Courage Urja Limited and NRN Infrastructure Development Limited have applied to the board demanding issuance of rightful shares at 100 percent rate.&n...
Trunkline dues dispute: Industrialists agree to deposit deposit
Kathmandu. Industries have come to an agreement on dedicated and trunk line dues disputes. According to the Confederation of Nepal Industry and Commerce, it has been agreed to go for a review by depositing an amount eq...
In one day, gold rose by 7,000 tolas and set a new record, how many tolas will be traded today?
Kathmandu. The price of gold in the Nepalese market has reached a historic high. Gold has increased by 7 thousand 100 rupees in a single day and has reached its highest price so far.
According to the Nepal Gold an...



