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 Nepali Congress provides financial assistance for Samba’s treatment We will return the savings of cooperative victims within 100… Govt declares three-day public holiday of election PM Karki addresses 61st Session of Human Rights Council: Reaffirms… UN Resident Coordinator Yahia calls on Home Minister Aryal NC President Thapa expresses sorrow over Dhading bus accident Top Headlines Before the Ballots: How Oli Lost the Political Narrative1 Nepali Congress provides financial assistance for Samba’s treatment2 PM Karki addresses 61st Session of Human Rights Council: Reaffirms Nepal’s unflinching commitment to advancing human rights3 Govt declares three-day public holiday of election4 NC President Thapa expresses sorrow over Dhading bus accident5 Curfew imposed in Birgunj until further notice6 UN Resident Coordinator Yahia calls on Home Minister Aryal7 We will return the savings of cooperative victims within 100 days : Rabi Lamichhane8 TRENDING Once on the Margins, Women Diplomats Are Now Making Their Mark in Nepal’s Foreign Service Sector What Makes Prithivi Narayan Shah a Philosopher and a Truly Democratic King? Nepal Army’s Brigadier General Bigyan Dev Pandey gets promoted to Major General Tourism entrepreneurs get crash course in Chinese language K2 rifles purchased by Nepal Army from Korean company found to be faulty Gold price falls Pandemic may not halt festivities After visitors’ uptick, Barju lake gets facelift as new destination in eastern Terai
