Finance Minister Dr. Swarnim Wagle Presents Budget Today

Summary

Finance Minister Dr. Swarnim Wagle is presenting a budget focused on good governance, economic revival, private sector growth, capital expenditure, and employment creation for the upcoming fiscal year in Nepal.

Key Points
  • Finance Minister Dr. Swarnim Wagle is presenting the income and expenditure details for the upcoming fiscal year in Nepal's Federal Parliament.
  • The budget is expected to be between Rs 1890 billion and Rs 2000 billion, focusing on economic dynamism, private sector morale, capital expenditure, and employment creation.
  • The budget is based on the government's 100-point action plan for governance reform and incorporates members of parliament's suggestions.
  • It will likely include salary increases for government employees, tax rate reviews, industry-business friendly policies, and promotion of IT, SMEs, and investments.
Article image