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 Willpower needed for disaster management: DPM Lamichhane Chief Minister Adhikari seeking vote of confidence on May 5 Government has carried out bold and pro-people works: PM Dahal Kathmandu again ranked world’s most polluted city with AQI 162 Risk-bearing vital for economic achievements: Finance Minister Pun Election Commission submits by-election report to President Top Headlines Nepal, India sign long-term agreement on electricity export, materializing MoU reached during PM’s visit1 NC, Maoist Centre discuss about NA election2 1.3 kilos of gold confiscated from TIA3 Govt. forms former-judge Poudel led probe commission to investigate Balkumari incident4 Dhakal recommended as SC chief registrar5 Manpower agency owner arrested for cheating more than Rs 1.9 million6 President expresses concern over ’emptying’ villages for lack of employment opportunities7 PM Dahal stresses on developing innovative agricultural system8 TRENDING Pathao, Tootle resume ride sharing services after authorities relax lockdown 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? Impact of Social Media on Nepalese Society Police make a woman public in connection to Gongabu murder case Asheem Man Singh Basnyat: We can evolve as a company to better suit a post-covid world Federal Parliament Secretariat returns badge pins to manufacturer The envisioned Defense University and its rationale
