PM Oli’s government to announce its first federal budget

Updated:8 years, 1 month ago

Kathmandu (Nepal), May 29 (ANI): Nepal’s Finance Minister Yubaraj Khatiwada will present the first federal budget of the Himalayan nation after completing the three-tier elections held simultaneously last year. Khatiwada will be presenting the budget for the fiscal year 2075-76 on Wednesday addressing the joint meeting of the Federal Parliaments on May 29. But the economic growth presumed by Finance Minister is hard to meet without increasing the tax levied on the public. Though Nepal unveils its budget every year hardly 50 percent of the total allocated budget is spent on the title it is less spent and is freeze over. Inflation in Nepal has increased to 6 percent in last eight months of the current fiscal year as compare to 2.3 percent in the last fiscal year.

Top Videos

Updated:2 years, 5 months ago

Amid dry winter in Kashmir, snow-clad Bangus Valley in Kupwara district emerges as winter wonderland

Updated:2 years, 5 months ago

Grand welcome given to sculptor Arun Yogiraj at Bengaluru Airport

Updated:2 years, 5 months ago

Injured WB CM Mamata Banerjee meets West Bengal Governor CV Anand Bose

Updated:2 years, 5 months ago

Couple set goals! Husband to lead Sikh Regiment, wife to command ICG contingent in R-Day Parade

Updated:2 years, 5 months ago

Inside India’s and Air India’s first Airbus A350 with luxurious seats, new interiors

Updated:2 years, 5 months ago

J-K: Srinagar’s Ghanta Ghar comes alive with spectacular Tricolour lighting

PM Oli’s government to announce its first federal budget

Top Videos

Related Video

Security deployment, curfew expose governance crisis in PoGB

Watch! Latest visuals emerge as Middle-East situation worsen amid escalating Iran-Israel war

Kyoto hosts cooking test to certify foreign Japanese cuisine chefs

People of Nepal, leaders vote to elect new government after Gen-Z ptotest | Nepal General Elections

Nepal: Thousands of voters leave Kathmandu ahead of Polls

PoJK: Health workers protest in Muzaffarabad over ending allowance demands

UN Rights chief praises India’s civil society

Nepali Interim PM urges voters to participate ahead of Thursday’s silence period

Foreigners soak in Holi Festivities at Kathmandu Durbar Square

Rapper-turned-Mayor Balen Shah enters PM race, launches Kathmandu campaign

“India understand the danger of Nuclear armed...” Middle East expert on Iran-Israel, US war

Geneva: UN event flags blasphemy law abuse in Pakistan and Bangladesh

UN event flags blasphemy law abuse in Pakistan and Bangladesh

Deal or war? All eyes on Geneva as US-Iran delegations resume nuclear talks ‘

Nepal’s election campaign turns increasingly hybrid

“Pakistan PM would have died if”: Trump’s most explosive claim on India-Pak War during SOTU address

Must Watch! This expert shares key insights on India-Canada ties ahead of Mark Carney’s India visit

Details of NSA Ajit Doval’s visit to Canada emerge Indian envoy to Canada Dinesh Patnaik’s full intv

Nepali Muslims observe first Friday of Ramadan with mass prayers

Watch! India-U.S. deal, Russian oil, Quad & more… Ambassador Sergio Gor shares major updates