Budget blows smoke to favor election win: NC leader Rijal « Khabarhub
Friday, June 21st, 2024

Budget blows smoke to favor election win: NC leader Rijal


29 May 2021  

Time taken to read : 2 Minute


  • A
  • A
  • A

KATHMANDU: Nepali Congress (NC) leader Dr Minendra Rijal has accused the government of presenting a budget crafted to deceive people in the hope of winning the election. He added the government had come up with new slogans to deceive the people.

Rijal, also the Finance Minister of shadow government formed by NC, said, “The budget is big and all allocations, expect in social security allowance and infrastructure, have been raised by 2-3 percent.”

Rijal added, “The government aimed to spend 30 percent more than this year’s budget. That is not possible.” Moreover, Rijal does not see it viable to meet estimated expenditure and revenue collection.

“Revenue collection is also expected to increase by 25 percent, which is also not possible,” he said.

While presenting the budget for the current fiscal year, Rijal had told preceding Finance Minister Yuba Raj Khatiwada his forecast that the national economy would shrink by 2%. “It did. Khatiwada did not believe us then,” Rijal said.

Publish Date : 29 May 2021 20:28 PM

Today’s national news in a nutshell

Khabarhub brings you a glimpse of major developments of the

Excessive heat hits countries around the world

LONDON: Many parts of the world are currently experiencing above-average

Early warning information on disasters to be disseminated through media

KATHMANDU: Minister for Communications and Information Technology Rekha Sharma announced

Judges will be appointed on time, says Law Minister

KATHMANDU: Minister for Law, Justice, and Parliamentary Affairs Padam Giri

Putin vows deeper ties with Vietnam in visit criticised by US

VIETNAM: The leaders of Vietnam and Russia have said they