Kirtipur, June 4 -- budget discussion organised by the Economics Student's Society (ECOSS) of the Central Department of Economics, Tribhuvan University, on Tuesday brought together key figures from government, private sector, and academia to examine the budget for the upcoming fiscal year.

Panellists welcomed some progressive moves in the fiscal policy, but raised concerns over issues like policy implementation, fiscal indiscipline, and the persistent size of Nepal's shadow economy.

This year's budget totals Rs1,964.11 billion, of which Rs1,180.98 billion (60.1%) is allocated for recurrent expenditure, Rs407.89 billion (20.8%) for capital expenditure, and Rs375.24 billion (19.1%) for financing arrangements.

Speaking at the event, Shyam...