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
Kamal Thapa's attack on Swarnim Wagle's Delhi statement: 'Speaking against borders and blockades is not anti-India'
Kathmandu. Senior leader of Rashtriya Prajatantra Party RPP and former foreign minister Kamal Thapa said Finance Minister Dr. Swarnim Wagle strongly objected to the opinion expressed in New Delhi during his visit to India.
Financ...
The price of the American dollar is the highest so far, how much is one dollar Nepalese rupee?
Kathmandu. Nepal Rastra Bank has determined the exchange rate of foreign currency for Saturday today. According to the fixed exchange rate, the value of the US dollar has reached its highest point so far. The buying r...
Abolition of excise duty on 360 items, huge increase in alcohol, junk food and energy drinks
Kathmandu. The government has made extensive changes in various tax rates through the Economic Bill 2083. Presenting the budget for the next fiscal year 2083, 84, Finance Minister Swarnim Wagle informed that the excise duty levied on 360 different...
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.
Mandatory 45 percent discount for students on public transport
Kathmandu. The government of Nepal has again given strict instructions to implement the 45 percent fare discount for students on public transport. The Department of Transport Management under the Ministry of Physical Infrastructure and Transport h...
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 fixed exchange rate, the buying rate of one US dollar is 144 rupees 37 paisa and the selling rate is 144 rup...



