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
What is the exchange rate of foreign currency on Thursday?
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...
22 helicopters are deployed for rescue, the government is gathering international support
Kathmandu. Finance Minister Swarnim Wagle has said that during the national crisis, all political parties and parties should come together and move forward for a solution.
Speaking to the media after the all-party meeting organized by...
'Stalls' including public library closed after non-payment of rent
Kathmandu. According to the decision of the Nepal government, stalls that have not paid rent for a long time along with the Kathmandu Valley Public Library at Bhrikutimand have been closed. According to the Ministry of Women, Children, Gender and...
Drop in gold prices, how much per tola on Tuesday?
Kathmandu. The price of gold has fallen in the Nepali market today. The gold tola has fallen by three thousand rupees. According to the Nepal Gold and Silver Traders Federation, gold is being bought and sold at Rs 2 lakh 97 thousand 500 per tola t...
The decision of the Water Industry Federation to increase the price of drinking water
Kathmandu. Nepal Water Industry Federation has decided to increase the price of treated drinking water. According to the federation, the increase in the price of raw materials and the increase in transportation costs have made it impossible to ope...
What is the exchange rate of which foreign currency on Friday?
Kathmandu. Nepal Rastra Bank has determined the exchange rate of foreign currency for today. The fixed exchange rate is fixed at the buying rate of one US dollar at 147 rupees 96 paisa and the selling rate at 148 rupees 56 paise. Similarly,...