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
Collected more than 11 billion in Prime Minister's Disaster Fund
Kathmandu. Relief and financial support for the flood victims of Rasuwa is increasing. According to the Office of the Prime Minister and Council of Ministers, there is currently 11.55 billion 56 lakh 26 thousand 971 in the Prime Minister's Disaste...
Preparation to amend the Nepal Rastra Bank Act
Kathmandu. Nepal Rastra Bank Act 2058 is going to be amended. In order to amend and update the Nepal National Bank Act in a timely manner, the government has drafted the 'Bill to Amend the Nepal National Bank Act, 2058'.
The Ministry o...
Let's not buy real estate because it is cheap, is it built on public land or not? let's check
Rusha Thapa_________________
Bhaktapur. There are news about real estate being sold at very cheap prices in social media, newspapers etc. Real estate traders and brokers also say that the price of real estate has decreased significantly. It...
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 rate, the buying rate of one US dollar is 144 rupees 02 paisa and the selling rate is 144 rupees 62 paisa.
Similarly, t...
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...
Increase in the price of petroleum products
Kathmandu. The price of petroleum products has decreased. With the Indian Oil Corporation sending new prices on Sunday, when the Nepal Oil Corporation adjusted the prices, the prices of diesel and kerosene have decreas...