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
Apollo Hydropower's IPO to the public
Kathmandu. The IPO sales manager Himalayan Capital, which was opened to the general public by Apollo Hydropower Limited from 26th Chait to 2nd Baisakh, has been distributed today. The company had issued a total of 780 thousand 200 IPO shares to th...
When the price of gold fell, silver rose!
Kathmandu. The price of gold has decreased in the Nepali market on Wednesday, June 13. The price of gold has decreased by one thousand rupees per tola, according to the Nepal Gold and Silver Traders Federation. On this day, the price of gold in Ch...
'Upper Myagdi' Hydropower Project: 50% physical progress in 13 months
Myagdi. In the 13 months since the construction of the under construction 'Upper Myagdi' hydropower project in Dhawalagiri Rural Municipality of Myagdi, 50% physical progress has been achieved. The 46.25 MW capacity project promoted by Hydro Empir...
The farmers did not get the right price for the ripe oranges in the orchards of Baglung
Baglung. Orange orchards in the rural areas of Baglung have turned yellow at this time. However, the farmers have complained that they are not getting a fair price even though the orchards are looking good after the oranges have ripened. They said...
Construction of Kohalpur-Surkhet 132 KV transmission line has been completed
Kathmandu. Nepal Electricity Authority has completed the construction of Kohalpur-Surkhet 132 KV transmission line. The construction of the Kohalpur-Surkhet section has been completed under the Kohalpur-Surkhet-Dailekh 132 KV transmission line pro...
Drop in gold prices, how much per tola on Tuesday?
Kathmandu. There has been a huge fall in the price of gold in the Nepalese market. Today, gold has fallen by 3,800 rupees per tola. According to the Nepal Gold and Silver Traders Federation, gold has been fixed at Rs 2...