Kathmandu, May 30 -- minute agreement with opposition parties, which decided not to disrupt the budget announcement, Finance Minister Bishnu Paudel presented a significantly expanded annual financial plan in Parliament on Thursday, aiming to revive sluggish economic growth.

Minister Paudel unveiled a Rs1.96 trillion annual financial plan, with a focus on completing long-delayed infrastructure projects. This budget is 5.6 percent larger than the current fiscal year's and comes amid persistent political instability, a growing number of scandals, and widespread corruption-factors economists and analysts have flagged as major risks to its implementation.

In a notable policy shift, the government also announced that Nepalis would now be allo...