Budget ignores the concerns of lower income groups
Nepal, May 31 -- There is nothing wrong with having big ambitions, especially for a government with an unprecedented mandate. Yet in order to be credible in the public eye, such high ambitions have to be tempered by a healthy dose of realism. The government's national goals must also be equitable. On Friday, Finance Minister Swarnim Wagle unveiled a budget of Rs2.12 trillion-the biggest in the country's history. In doing so, he ignored the suggestion of the National Planning Commission that the annual outlay be under Rs1.89 trillion, given the country's resource constraints and the state's old inability to spend. The Balendra Shah government, nonetheless, brought a bloated budget that by and large catered to the middle class-in a move som...
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