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
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 rose sharply, how much did it reach per tola?
Kathmandu. On Friday, the price of gold in the Nepali market increased by Rs. 2900 per tola. According to the Federation of Nepal Gold and Silver Traders, the price of gold in the Tola was Rs 2,59,600 per tola on Thursday, which was Rs 2,62,500 pe...
Normal point increase in NEPSE, turnover fell to 3.42 billion
Kathmandu. On the third trading day of the week, the NEPSE index increased by 3.27 points to 2584.49. During the day, 7668 thousand 915 shares of 328 companies were bought and sold. Today, while the share price of 134 companies increased, the shar...
Purchase of paddy at support price by cooperative in Bardia, relief to farmers
Bardia. The government had fixed the minimum support price of rice at the time to provide a fair price of rice to the farmers. Although the minimum support price of paddy was fixed, the farmers were not able to get the...
Muglin -Malekhu road upgradation work started
Kathmandu. The work of upgrading the Muglin-Malekhu road, which was only a normal work due to the rainy season, has started gaining intensity. After June, the road upgrading work slowed down. After the rain stopped and the festival was over, the w...
Trade in sweets, raisins and twinkling lights increased during Tihar
Dharan. With the beginning of Tihar, the streets of Dharan are not only bright with lights, but also with the efforts of traders. The hustle and bustle of the market, which starts in the morning, continues till the evening. Bikki Das of Dharan Sub...