Today, Finance Minister Bishnu Prasad Poudel is set to present the budget for the fiscal year 2078/79
According to Prime Minister KP Sharma Oli’s Press Advisor Surya Thapa, Minister Poudel will announce the budget at the Office of the Prime Minister and Council of Ministers at Singha Durbar, Kathmandu, at 4:00 p.m.
Budget Bhasan 2078 / 79 ( Nepali Language)
Minister Poudel announced upon taking office on May 14 that the budget would focus on restoring and re-energizing the economy, which had been severely harmed by the coronavirus outbreak.
He also stated that the government will use all available resources to combat the spread of the virus. The minister also stated that the government will make every effort to treat patients who have been afflicted with the virus.
Earlier on Friday, Minister Poudel stated that meeting the current fiscal year’s economic growth target will be extremely challenging. He addressed that when releasing the Economic Survey for the current fiscal year 2077/78.
The coronavirus epidemic and the prohibitory measures implemented across the country have had a significant impact on the country’s economic activity.
As a result, meeting the government’s economic growth target will be difficult, according to Minister Poudel.