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.
Finance Minister Pun has announced the establishment of quality standards for imported goods and services.
Serious illness patients will receive a monthly stipend of 5 thousand rupees.
Branding of Himalayan Water, Coffee, tea and cardamon to be done.
A film studio will be established in Banepa, and Dolakha’s film city will be developed through public-private partnership.
A budget of 8 arab 39 crore rupees has been allocated for the daily snack program, benefiting 30 lakh students.
