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

Cabinet decision to increase police ration scale

Kathmandu. The decisions of the cabinet meeting held on Thursday have been made public. Home Minister and Government Spokesperson Omprakash Aryal announced the decisions of the meeting and informed that various important decisions were made.

A decline of 22.33 points in NEPSE, the turnover fell to 8 billion 99 crores

Kathmandu. On the first trading day of the week, the NEPSE index decreased by 22.33 points and remained at the point of 2791.71. During the day, 21.842 thousand 887 shares of 329 companies were bought and sold, totaling 8.999 billion 2.6 million s...

Gold prices moderate, silver continues to set new records

Kathmandu. As the price of gold fell in the Nepalese market on Sunday, the price of silver remained at the highest price ever. According to the Federation of Nepal Gold and Silver Dealers, today the price of printed gold has decreased by 100 rupee...

Unprecedented rise in gold prices, breaking the record so far, increased by 20 thousand per tola in a single day

Kathmandu. The price of gold in the Nepali market has set a new record. According to the Federation of Nepal Gold and Silver Traders, gold tola has increased by 20 thousand five hundred rupees to 339 thousand 300 rupe...

The price of gold and silver decreased, how much per tola?

Kathmandu. The price of gold and silver decreased in the Nepali market on Sunday. Today, the price of gold has decreased by Rs 6,900 per tola. According to the Federation of Nepal Gold and Silver Traders, the price of...

Dollar, Euro and Rial prices increased or decreased: see today's exchange rate

Kathmandu. Nepal Rastra Bank has announced the new exchange rate of foreign currency for Monday. According to the rates determined by the Central Bank, the buying rate of one US dollar is 151 rupees 71 paisa and the selling rate is 152 rupees 31 p...