गृहपृष्ठ ∕ Politics ∕ Budget for upcoming FY not capable of tiding over economic crisis: Chair Oli Politics Budget for upcoming FY not capable of tiding over economic crisis: Chair Oli KathmanduPati June 06, 2023 File Photo KATHMANDU – Chairman of the main opposition party CPN (UML), KP Sharma Oli, has claimed that the budget for the upcoming fiscal year brought by the government would not tide over the existing economic crisis. Taking part in the general discussions on the Annual Estimates of Revenue and Expenditure (budget) for Fiscal Year 2023/24 in the House of Representatives today, the main opposition party leader commented that the budget lacked the policy and programme that needs to be immediately adopted to improve the economy. He remarked that the budget did not have plan for reviving the ‘crisis-ridden’ Nepali economy. “The upcoming budget has been presented without identifying the problems. The international sector had stated that the economy was going up when I was heading the government, but the economy is falling in the recent years,” he said. The former Prime Minister argued that the budget for the next fiscal year is incapable of achieving the sustainable development goals and the goals of the 15th periodic plan. Chair Oli stressed that we have an obligation to hand over a strong and prosperous nation to the future generation by addressing the aspirations of the people, keeping in mind the country’s prestige and glory. Write your comments RELATED NEWS Home Minister responds to criticism over rescue Home Minister Says hope remains after tunnel rescues PM Shah and Australian counterpart discuss flood rescue efforts Mustang customs office struggles without permanent infrastructure 15 militants trying to infiltrate through Afghanistan border killed: Pakistan… Lawmaker faces voters’ anger over flood response Top Headlines Monsoon is predictable and Nepal’s disaster response should be too1 Nepal “a Buffer State”: Rethinking foreign policy in relative terms2 Promotion Linked to Future Military Leadership: Major General Magar Could Become Army Chief3 When the State Pulls the Trigger, Who Answers ?4 Before the Ballots: How Oli Lost the Political Narrative5 Nepal’s Political Renaissance: The rise of the RSP, the re-ordering of the old political order and the political path forward6 Balen’s Silence Has Invited Curiosity, Confusion, and Concerns7 Jagdamba Group Chairman Shankar Agrawal Arrested8 TRENDING Once on the Margins, Women Diplomats Are Now Making Their Mark in Nepal’s Foreign Service Sector Pathao, Tootle resume ride sharing services after authorities relax lockdown What Makes Prithivi Narayan Shah a Philosopher and a Truly Democratic King? The Role of the Nepalese Army in Strategic Road Projects A phone call that paved the way for RAW Chief’s visit to Nepal What role has the Nepal Army been playing in controlling the coronavirus? National Poet Madhav Prasad Ghimire no more Impact of Social Media on Nepalese Society