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
According to experts, microfinance is raising hope at the level of small farmers
Kathmandu. Stakeholders have emphasized on the need to strengthen microfinance to facilitate the financial sector of Nepal. Sana Kisan Development Lagufinance Financial Institution Ltd. The speakers who spoke in...
Suryakund Hydro's IPO sale is open for general public from today
Kathmandu. Suryakunda Hydro Electric has opened the IPO sale for the general public from 18th January today. In the second phase, the company is going to issue a total of 572 thousand 431 shares of Rs 100 for general investors.
In this...
Real estate transactions in Bagmati state are falling, revenue collection is down by 23.6 percent
Kathmandu. A study report has shown that revenue has been affected due to continuous decline in real estate transactions in Bagmati province. According to the economic activity study report published by Nepal Rastra Bank, it has been seen th...
Unseasonal rain in Morang has reduced paddy production, farmers are worried
Morang. In terms of rice production, Morang district, which is considered to be the best in the country, has seen a decrease in rice production this year due to unseasonal rains. Compared to last year, the production o...
What is the exchange rate of foreign currency on Tuesday?
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...
What is the exchange rate of which foreign currency on Sunday?
Kathmandu. Nepal Rastra Bank has determined the exchange rate of foreign currency for today. According to the determined exchange rate, the buying rate of one US dollar is 145 rupees 28 paisa and the selling rate is 145 rupees 88 paisa. Similarly,...



