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 President inspects Kathmandu-Terai/Madhesh Fast Track (Expressway) Road Project Cyber Bureau cautions all not to answer calls from unknown… Rs 47.71 billion paid for abroad study in five months Gold price up by Rs 1,300 per tola State should consider development of Bote community: Chair Prachanda Gold price surges by Rs 1,200 per tola Top Headlines Scrutinizing Relevance of Prithivi Narayan Shah´s Thoughts and Strategy1 Relevance of Prithivi Narayan Shah in Contemporary Nepal2 Ncell is the FIRST Nepali Telecom Company to receive ISO 27001 and ISO 27701 certifications for information security and data privacy3 PM Oli, Sri Lankan’s former President meet4 PM Oli extends New Year greetings5 NA team sets out on Gorakha-Kathmandu march to promote ‘unification route’6 Economic prosperity achievable thru good governance: Minister Lekhak7 Gold price ups Rs 2,000 per tola8 TRENDING Nepal Army’s mission in Lebanon provides Covid support kits to local municipalities Nepal Army initiates investigation into case of financial irregularities by Lieutenant Colonel Janmat Karki We need to be serious about the international scenario post-Covid: Dr. Nischal N. Pandey Hungry people out on streets, but the government nowhere to be seen Nepal Army opens investigation into case of captains thrashing soldier in Congo Now more than ever, support the IT sector Asheem Man Singh Basnyat: We can evolve as a company to better suit a post-covid world Govt Making Preparations to Reduce the Tenure of Armed Police Force’s IG to Three Years
