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
Today, NEPSE increased by normal numbers, turnover of 6.99 billion
Kathmandu. On the second trading day of the week, NEPSE index increased by 4.90 points to 2639.91. During the day, 13.6 million 24 thousand 824 shares of 349 companies were bought and sold, resulting in a turnover of 6.994 million shares. Today, w...
New interest rate announced for the month of March, what is the interest rate of which bank?
Kathmandu. Commercial banks have announced the new interest rates applicable for the month of March. According to the public rate, the maximum average interest rate of individual term deposits has decreased slightly compared to February. The maxim...
Here is the foreign currency exchange rate for today
Kathmandu. Nepal Rastra Bank has determined the exchange rate of foreign currency for today. According to the National Bank, the buying rate of one US dollar has been fixed at 141 rupees 56 paisa and the selling rate i...
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...
Corporation will distribute gas until supply is smooth
Kathmandu. Nepal Oil Corporation has decided to regularize gas distribution from the Teku office in Kathmandu until the supply of gas to the market is smooth. Due to the lack of gas in the market, the corporation has been distributing different br...
The price of gold decreased, how much per tola on Friday?
Kathmandu. Even today, the price of gold in the Nepali market is falling. Gold has decreased by Rs 900 per tola. According to the Nepal Gold and Silver Traders Federation, gold is being traded at 252,400 rupees per tola today. On the other hand, s...