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
The fall in the price of gold, how much has it reached now?
The Kathmandu. The price of gold has fallen in the Nepali market today. The gold is worth Rs 2,400. According to the Federation of Nepal Sunchandi Traders, gold is being traded at Rs 3.66 lakh per tola today. Today, the price of 10 grams of gold i...
The new exchange rate of foreign currency was determined, what is the price of which country?
Kathmandu. Nepal Rastra Bank has determined the foreign currency exchange rate for today. According to the new rate announced by the Central Bank, the buying rate of one US dollar is set at 153 rupees 10 paisa and the selling rate is 153 rupees 70...
The claim of the Ministry of Energy that the authority will also get the benefit of the international transmission line
Kathmandu. The government has made it clear that the Nepal Electricity Authority will also receive the benefits from the international transmission line to be built between Nepal and India. An agreement has been signed...
Nirmal Dhakal has been appointed as the head of the Asset Clearance Department
Kathmandu. Joint Secretary Nirmal Dhakal has been appointed as Director General of Asset Laundering Investigation Department. He was made the director general who was working as the deputy director general of the department.
The previous Dir...
The corporation claims that 25 bullets are being imported more than the demand for cooking gas
Kathmandu. Nepal Oil Corporation Executive Director Chandika Prasad Bhatt clarified that there is no shortage of cooking gas in the market. He said that the rumor that there is going to be shortage of gas in recent times is baseless and asked the...
An increase of 4.59 points in NEPSE, the turnover is 4.9 billion
Kathmandu. On the fifth or last trading day of the week, NEPSE index increased by 4.59 points to 2640.54. During the day, 104 million 31 thousand 760 shares of 328 companies were bought and sold, resulting in a turnover of 4 billion 908 million sh...