Finance Minister Dr. Swarnim Wagle Claims Budget Will Lay Foundation for Economic Reform and Inspire Youth
Summary
Finance Minister Dr. Swarnim Wagle states the new budget aims to reform Nepal's economy, inspire youth employment, introduce tax exemptions, and restructure public enterprises.
Key Points
- Finance Minister Dr. Swarnim Wagle claims the budget will lay the foundation for policy reform in Nepal's economy and inspire youth.
- The budget introduces a tax exemption of up to ten lakh rupees to increase market liquidity and stimulate the economy.
- Provisions include restructuring Nepal Airlines Corporation, Nepal Electricity Authority, strengthening Rastriya Banijya Bank, and partial public shareholding of Nepal Telecom.
- The budget offers social justice through a monthly nutrition allowance for children in remote districts and Dalit children nationwide.
