Failing in resource mobilisation and capital expenditure, finance minister reduces budget size

Mahat had presented the government’s budget worth Rs1.75 trillion for the fiscal 2023-24. He has now reduced its size by over Rs200 billion through a mid-term review.

Finance Minister Prakash Sharan Mahat, who had unveiled a big budget breaching the ceiling fixed by the National Planning Commission last year, has now made changes in the figures of expenditures and resource mobilisation of the financial plan.