Nepal’s economy, already struggling with the impacts of the pandemic and global geopolitical tensions, is facing a bleak and uncertain future. This is exacerbated by frequent government changes, widespread corruption, and the departure of young people who feel there is no future for them in the country. The budget presents either a new opportunity or a potential crisis. Today is Budget Day in Nepal, as mandated by the constitution.
As we aim to ensure that every citizen understands how their money and taxes are being utilized, and to enhance accountability and transparency, here is the live coverage of Budget Day.
A regulatory authority exclusively for savings and credit cooperatives will be established, and provisions will be made for the merger of such cooperatives.
The government plans to establish commercial farms for the breeding of wildlife such as musk deer in five districts.
Public entities are required to purchase locally made carpet only: FinMin
IT parks to be contructed in Kathmandu and Butwal. Free workstations to be provided.
6 Arba 55 core rupees bidget allovated for the ministry of industry and commerce.
