Former Finance Minister Criticizes Budget for Weak Resource Assurance and Unrealistic Targets
Summary
Former Finance Minister Dr. Prakash Sharan Mahat criticizes the upcoming fiscal year's budget for weak resource assurance and unrealistic economic growth targets, warning of increased taxes and challenges in public service improvement.
Key Points
- Former Finance Minister Dr. Prakash Sharan Mahat criticizes the government's budget for weak resource assurance and unrealistic targets.
- He states that achieving 7 percent economic growth in the coming year is impossible due to insufficient resources.
- Mahat points out increased taxes and fees in sectors like electricity, public transport, and health, imposing financial pressure on citizens.
- He emphasizes that weak governance and bureaucracy confusion will hinder economic goals despite government stability claims.
