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
Formation of a 7-member high-level committee by the government to conduct a scientific study of the Bhotekoshi disaster
Kathmandu. The government has formed a seven-member expert study committee to find the real scientific basis and evidence of the disastrous flood in Bhotekoshi river in Rasuwa. The Ministry of Energy, Water Resources and Irrigation formed the high...
More than 2.7 million smart licenses were sent to the offices for distribution
Kathmandu. The Transport Management Department has completed the printing of driver's license (Smart License) which has been stopped for the past four years and has accelerated the distribution process.
The department issued a statement and...
The value of the dollar hit a new record, while other foreign currencies also rose
Kathmandu. Nepal Rastra Bank has announced the official exchange rate of foreign currencies for Wednesday.
According to the new rate determined by the Central Bank, the buying rate of one US dollar has been fixed at 152 rupees 71...
Solu Hydropower will issue IPO from November 7th
Kathmandu. Solu Hydropower Limited is going to issue the first phase of IPO for the local residents affected by the project and the Nepalese who have gone for foreign employment from the coming 7th of November. The company has received permission...
Dollar to Qatari riyal: Here are the foreign currency exchange rates today
Kathmandu. Nepal Rastra Bank has determined the exchange rate of foreign currencies for today 9 Monday 0. Today, while the exchange rates of some currencies including the US dollar, Kuwaiti and Bahraini dinars remain stable, the value of the curre...
Narayanghat-Butwal road: All the bridges in the eastern section have been completed
Nawalparasi All the bridges on the eastern section of the Narayanghat-Butwal road section, which the government has taken forward as a national pride, have been completed. Narayanghat-Butwal Road Plan Eastern Section has informed that 33 out of 34...



