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
NMB Bank launches online loan tracking facility, customers can track their applications
Kathmandu. NMB Bank has launched an important digital facility for its customers. The bank has now provided the customer with the facility to track personal and small and medium loan application information in real time. The bank claims that with...
The price of gold increased, how much per tola on Thursday?
Kathmandu. The price of gold has increased in Nepali market today. Gold tola has gone up by 800 rupees. According to the Nepal Gold and Silver Traders Federation, gold is being traded at 284,000 rupees per tola today. The price of 10 grams of gold...
In the first quarter, the expenditure of Kathmandu Metropolitan City was 12.94 percent
Kathmandu. In the first quarter of the current financial year, the total expenditure of Kathmandu Metropolitan City has reached 12.94 percent. Of the allocated 25 billion 11 crore 43 lakh 41 thousand rupees, 3 billion...
From now on, when the airline's aircraft are diverted, they will land at Bhairahawa
Kathmandu. In the event that Nepal Airlines Corporation planes could not land at Tribhuvan International Airport due to various reasons, now Gautam Budh International Airport will be used. Spokesperson Anil Ghimire inf...
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 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...
After the Rasuwagadhi crossing was blocked due to flood, the journey of passengers started from Tatopani and Hilsa
Kathmandu. Due to the severe flood that occurred on 10th Bhadra last year, after the damage to the infrastructure including the immigration office at Rasuwagadhi crossing, Tatopani and Hilsa crossings have been used as alternative routes for passe...