The government has revised the economic growth target from 7.2 percent to 6 percent for the fiscal year 2017/18, reports My Republica.
The Details:
- In a press meet held at the Ministry of Finance, Finance Minister Yubaraj Khatiwada said that the previous target is difficult to achieve.
- Since the budget could not be fully implemented, the growth target has been reduced.
- Similarly, the budget expenditure has dropped to 84.67 percent out of the total budget announced in the budget speech so that only Rs. 1082.99 billion will be spent.
The Latest
-
Hero Xtreme 125R, A New Contender in the 125cc Segment, is Coming to NepalHIGHLIGHTS Hero Xtreme 125R price in Nepal is expected to be around Rs. 3 Lakhs.…
-
Motorola Moto G45 5G with Snapdragon 6s Gen 3 SoC Launching Soon in NepalHIGHLIGHTS The Motorola Moto G45 5G price in Nepal is expected to be at Rs.18,999…
-
Hero Xtreme 160R 4V Launching Soon in Nepal: 160cc Scene on Fire!HIGHLIGHTS Hero Xtreme 160R comes with 4-valve technology. It will be the fastest 160cc bike…