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
Watermelon farming has started for trials in the coastal area of the cyclone
Kathmandu. Bhirkot Municipality of Syangja has started watermelon farming as a test in Andhikhola coastal area. Mayor Govinda Kumar Karmacharya said that in collaboration with Heifer International, the aim of commercial watermelon farming ha...
After the Rasuwa-Tatopani crossing was closed, Korla became an alternative gateway to China
Mustang. After the Rasuwagadhi-Kerung road section was blocked due to Rasuwa flood-landslide, after the Chinese government closed the Tatopani border crossing, the Nepali citizens and vehicles stopped in China were taken through Kerung crossing Dh...
High increase in the price of gold, now how much per tola?
Kathmandu. The price of gold has increased in Nepali market today. Gold rose by Rs 6,200 per tola in one day. According to the Nepal Gold and Silver Traders Federation, gold is being bought and sold at Rs 2 lakh 83 thousand 500 per tola today. On...
US dollar and pound rise: Here are today's foreign exchange rates
Kathmandu. Nepal Rastra Bank has determined the new exchange rate of foreign currency for Thursday. According to the Central Bank, there has been an increase in the price of the American dollar today, the buying rate of which has remained at 144 r...
Fall in gold prices, how much per tola on Friday?
Kathmandu. Today, the price of gold in the Nepali market is falling. The gold tola decreased by three thousand rupees. According to the Nepal Gold and Silver Traders Federation, gold is being traded at 3 lakh 3 thousand 500 rupees per tola today....
42.58 points decline in NEPSE, turnover above 14.16 billion
Kathmandu. On the third trading day of the week, NEPSE index decreased by 42.58 points and remained at the point of 2726.51. 14 billion 1671 million shares were traded during the day when 32 million 62 thousand 710 shares of 333 companies were bou...