Budget Must Stimulate Economy
risingnepaldaily.com · Fri Feb 16 02:51:41 GMT 2024
The budget is announced every year like it happens in virtually all the countries of the world. It is no different in Nepal and we have to accept the fact that without `the announcement' of the budget, the country cannot move on without any fiscal targets. Though time and again entrepreneurs and experts give different views on the content of the budget, mostly we have found nothing unique or extraordinary in the many budgets we have seen so far. Taxes are always increased in certain items and just to make it populist, the salaries of civil servants are also increased. No mention is made of how the market prices also increase as soon as the salaries of the civil servants are raised.
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