गृहपृष्ठ ∕ Business ∕ Ministry cannot slash budget passed by Parliament: Finance Minister Mahat Business Ministry cannot slash budget passed by Parliament: Finance Minister Mahat KathmanduPati February 16, 2024 File Photo KATHMANDU – Finance Minister Dr. Prakash Sharan Mahat has said the budget passed by the sovereign parliament could not be reduced. Organising a press conference at the Ministry today, Finance Minister Mahat refuted the news that the budget of the current fiscal year was cut and made it clear that the Ministry could not slash the budget passed by the parliament. He mentioned that there should not be any confusion among the people, adding the budget was only evaluated mid-term. Stating that progress of revenue and budget implementation was reviewed, the Finance Minister said revenue collection was increased by 10 per cent as compared to previous fiscal year. More revenue would be collected and spent as per the rule, he said and added that the income and expenditure was estimated based on revenue collected. The government had allocated Rs 1.751 trillion budget for current fiscal year. A budget ceiling of Rs 1.8 trillion has been set for coming fiscal year 2024/25, he informed. Write your comments RELATED NEWS Flood relief funds reach Rs 17.54 billion Landslide suspected as cause of deadly Budhi Gandaki flood CJP leaders released after 24 hours in Delhi police custody Riyadh airport attack kills 12, injures 309 Flood sweeps away six bridges, 10 people missing Flood sweeps away 35 homes in riverside villages 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 PM Shah pledges Krishnabhir highway reopening within month6 Nepal’s Political Renaissance: The rise of the RSP, the re-ordering of the old political order and the political path forward7 Balen’s Silence Has Invited Curiosity, Confusion, and Concerns8 TRENDING We need to be serious about the international scenario post-Covid: Dr. Nischal N. Pandey Lockdown 2.0: What the Government should do this time around Police make a woman public in connection to Gongabu murder case This time’s Teej, social distancing please! Namrata is Miss Nepal 2020 Nepal Army’s Brigadier General Bigyan Dev Pandey gets promoted to Major General The FinCEN Files: Nepali banks and companies transact billions of rupees through dubious channels Asheem Man Singh Basnyat: We can evolve as a company to better suit a post-covid world
