Will the budget be a sharp departure from the previous ones?
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KATHMANDU, May 28 -- The government is unveiling its budget for the next fiscal year 2020/21 later today. Minister for Finance Yuba Raj Khatiwada is scheduled to present the budget -- the estimates of expenditures and revenues of the government -- at a joint meeting of the federal parliament at 4 PM today. The federal government is bound by the constitution to present its budget on Jestha 15 each year for the upcoming fiscal.
This will be the third budget presented by Finance Minister Khatiwada who was tapped by Prime Minister KP Oli to manage the treasury from beyond partisan politics. While the last two budgets were marred by under-execution, Finance Minister Khatiwada will encounter a whole host of issues in the upcoming fiscal year....
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