The budget is meant to feed the ambitious and wealthy, the target is not met: Former Finance Minister Mahat
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
Study report of Kerung-Kathmandu railway line prepared
Kathmandu. The Chinese side is going to submit the feasibility study report of the long-awaited Kathmandu-Kerung inland electric railway connecting Nepal and China within the next one and a half months. In a presentation held at the Ministry of Ph...
Reduced airfare
Kathmandu. With the decrease in the price of air fuel, the Civil Aviation Authority of Nepal has reduced the minimum fare for domestic air passengers. After Nepal Oil Corporation reduced the price of aviation fuel by 6 rupees per liter from Januar...
The price of gold and silver rose sharply, exceeding 268,000 per tola
Kathmandu. The price of gold and silver rose sharply in the Nepalese market on Tuesday. According to the Nepal Gold, Silver, Gems and Jewelery Federation, the price of gold per tola has increased by Rs 3,100 to Rs 2,68,100. Earlier on Monday, gold...
What is the exchange rate of which foreign currency on Sunday?
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 88 paisa and the selling rate is 147 rupees 48 paisa. Similarly,...
Vijay Laguvitta's FPO will be distributed on Friday
Kathmandu. Preparations have been made to distribute this week to the FPO of Vijay Microfinance Financial Institution. Sales manager NMB Capital is preparing to distribute the FPO on Friday. By the last day, 22 lakh 99 thousand 252 people had appl...
What is the exchange rate of foreign currency on Wednesday?
Kathmandu. Nepal Rastra Bank has determined the exchange rate of foreign currency for today. According to Rashtra Bank, today the buying rate of one US dollar has remained at 141 rupees 42 paisa and the selling rate ha...



