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
Paddy planting is slow due to low rainfall, only 11.33 percent of planting has been completed across the country
Kathmandu. Due to the lack of rain as expected, the pace of rice planting across the country has been slow this year. According to the latest data of the Department of Agriculture, only 11.33 percent of paddy planting has been completed across the...
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 exchange rate, the buying rate of one US dollar is 143 rupees 97 paisa and the selling rate is 144 rupees 57 paisa. Similarly, the...
Foreign Currency Exchange Rate: Selling rate of US dollar remained at 152 rupees 94 paise
Kathmandu. Nepal Rastra Bank has determined the official exchange rate of foreign currency for today. According to the latest information published by the Central Bank, the buying rate of one US dollar, which is becoming stronger in the internatio...
What is the exchange rate of which foreign currency on Wednesday?
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 146 rupees 60 paisa and the selling rate is 147 rupees 20 paisa. Similarly,...
Fixed foreign currency exchange rates
Kathmandu. The foreign currency exchange rate determined by Nepal Rastra Bank today is stable. According to the National Bank, today the same rate as yesterday is maintained. Today, the buying rate of one US dollar is 151 rupees 61 paisa and the s...
What is the foreign currency exchange rate for today?
Kathmandu. Nepal Rastra Bank has announced the exchange rate of foreign currency for today. According to the public information, the buying rate of one US dollar has been fixed at 152 rupees 81 paisa and the selling rate is 153 rupees 41 paisa.