Balendra Shah government announces rollback of 3 percent health, education fees
Summary
Prime Minister Balendra Shah announced the suspension of the newly imposed three percent equity fees on private education and health services following public backlash. The move, made via social media, awaits formal legal procedures for its enforcement.
Key Points
- Prime Minister Balendra Shah announced the government will not enforce the three percent equity fees on private education and health services.
- The fees were introduced through the Finance Act to finance social welfare programmes but faced widespread public criticism.
- Finance Minister Swarnim Wagle described the move as a suspension pending formal Cabinet approval and legal procedures.
- The government plans to continue efforts to establish an Equity Fund financed through alternative revenue sources for social welfare programmes.
