Monday, March 17th, 2025

Budget’s goal almost ‘unattainable’: Nepali Congress


31 May 2020  

Time taken to read : 2 Minute


  • A
  • A
  • A

KATHMANDU: The main opposition party in the parliament, Nepali Congress, has remarked the budget goals as ‘almost unattainable’ for various reasons.

Speaking at the House of Representatives (HoR) on Sunday, party’s chief whip Bal Krishna Khand said that the budget is founded on loans. The existing revenue is less likely to suffice for general expenses.

“The trend of budget seems continuation of false promises,” Khand said, adding, “Some of the projects and their deadlines like the ones for Pokhara International Airport, fast track etc. are repeated every year.”

Similarly, NC lawmaker Prakash Man Singh lambasted the government for not paying enough attention towards the hazards created by coronavirus pandemic.

He pointed out that the budget has not heeded at the recommendation given by public expenses review commission, neither has it paid attention towards minimizing the unnecessary expenses.

He added that there are no concrete plans to complete the ongoing large and national pride projects.

Publish Date : 31 May 2020 15:13 PM

Unified Socialist to mobilize thousands for March 28 rally

KATHMANDU: The CPN (Unified Socialist) has announced plans to mobilize

Prachanda accuses royalists of trying to reverse Nepal’s historical progress

KATHMANDU: Maoist Center Chair Pushpa Kamal Dahal ‘Prachanda’ has accused

UML discusses countering monarchist activities, could launch public awareness campaign 

KATHMANDU: The CPN-UML Secretariat meeting has concluded on Monday, with

UML passes proposal against Monarchy revival efforts

KATHMANDU: The CPN-UML Secretariat meeting has passed a special proposal

Commercial Banks struggle to boost credit flow, CD ratio below target

KATHMANDU: Commercial banks in Nepal are struggling to increase their