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
How much has the general increase in the price of gold and silver reached per tola?
Kathmandu. On Wednesday, the price of gold in the Nepali market has increased. Today, the price of gold has increased by 1000 rupees per tola. According to the Federation of Nepal Gold and Silver Traders, on Wednesday, Rs 3 lakh 6 thousand 600 was...
An increase of 39.92 points in NEPSE, turnover of 6 billion 28 crores
Kathmandu. On the first trading day of the week, NEPSE index increased by 39.92 points to 2600.22. During the day, 1 crore 33 lakh 81 thousand 926 shares of 334 companies were bought and sold, and over 6 billion...
Here is the foreign currency exchange rate today
Kathmandu. Nepal Rastra Bank has determined the exchange rate of foreign currency for today. For today, the buying rate of one US dollar is fixed at 143 rupees 15 paisa and the selling rate is 143 rupees 75 paisa.
Similarly, the buying...
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 Electricity Authority will provide employment to eight more people from the Shaheed family
Kathmandu. The Nepal Electricity Authority has decided to provide employment to eight more family members who were martyred during the Genji movement. Chairman of the Board of Directors and Minister of Energy, Water Resources and Irrigation Virajb...
Demand to declare emergency in construction sector
Kathmandu. The Construction Industry Council has demanded to declare an emergency in the construction sector. In a statement issued by the council, it is said that the industry has come to a standstill due to the excessive increase in the price of...