June 10, 2026, Wednesday
English

The budget is meant to feed the ambitious and wealthy, the target is not met: Former Finance Minister Mahat

Main News Image

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.

mediabaaji add

Related News

The value of the Japanese yen has fallen, see foreign currency exchange rates

Kathmandu. The value of the Japanese yen has fallen somewhat. The buying rate of 10 yen has reached 9 rupees 48 paisa and the selling rate has reached 9 rupees 52 paisa.

According to Nepal Rastra Bank's foreign currency exchange rate for tod...

Hotel Park Land has applied to the Securities and Exchange Board for an IPO issue

Kathmandu. Hotel Park Land Limited has applied to the Securities Board for permission to issue IPO. The company has sought permission from the board to issue a total of 1.5 million shares at a marked rate of Rs 100 per share. 

Citizens...

The price of gold and silver increased, how much did it reach per tola?

Kathmandu. The price of gold and silver has increased in the Nepali market on Monday. According to the Federation of Nepal Gold and Silver Traders, today the price of gold has increased by Rs 4,600 per tola. Along with this, on Monday, the price o...

What is the exchange rate of which foreign currency on Monday?

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 81 paisa and the selling rate is 147 rupees 41 paisa. The...

Enthusiasm in real estate business, revenue collection of 4.84 billion in the month of November alone

Kathmandu. With the opening of lots, enthusiasm has been seen in the real estate business in the month of November. According to the Department of Land Management and Records, a revenue of 4.84 billion 81 million rupees was collected from real est...

How much is the foreign currency exchange rate on Thursday?

Kathmandu. Nepal Rastra Bank has determined the exchange rate of foreign currency for today. According to Rashtra Bank, the buying rate of one US dollar has been fixed at 143 rupees 50 paisa and the selling rate is 144 rupees 10 paisa. Similarly,...