New budget is continuity of the past: Main opposition party

Kathmandu, May 29: The main opposition party CPN (Maoist Centre) leader, Janardan Sharma, has criticized the new budget for the upcoming fiscal year 2082/83 BS terming it just a continuation of the past ones.

There is no fundamental change except the continuation of the process, Maoist Centre’s Sharma added.

Some concerns of the private sector have been addressed as reported, which is positive, the former finance minister added.

In terms of resources, the situation of revenue collection and expenses is pathetic, Sharma viewed.

Saying that mere continuation of the budget was not sufficient to ensure a shift in the country’s economy, Sharma stated that the modality of the economic development should be changed to make it production-oriented. “Now, this is not focused. Country’s development cannot make a jump until we created a situation to run the country with own production, not in revenue collection and remittances inflow,” according to Maoist Centre’s leader Sharma.

He also stated that the budget has not well incorporated the issues of people’s livelihood and has not offered any concrete agendas of health care, education and employment generation.

However, chair of Finance Committee of the House of Representatives (HoR) Santosh Chalise termed the upcoming fiscal year’s budget as outstanding adding that it has prioritized agriculture, eco-tourism, energy and youths.

 

Leave a Reply

Your email address will not be published. Required fields are marked *