Stories Tagged 'Yubaraj khatiwada '
In the face of mounting public criticism of the tax system, the Ministry of Finance said on Friday that the current system was more just as it did not impose excess burden on the general public.
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A meeting of the National Assembly (NA) on Monday endorsed the Appropriation Bill, 2075 with a majority.
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Finance Minister Yubaraj Khatiwada on Friday said the government was mulling to devise policies to bring stability in the country’s secondary market which would help promote capital formation.
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As Finance Minister Yubaraj Khatiwada prepares to unveil the budget for the next fiscal year on Tuesday, he faces an uphill task of oiling the state machinery with the federal government reeling under financial stress, mainly due to growing budget deficit and depleting foreign reserves.
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Finance Minister Yubaraj Khatiwada has underscored the need for strengthening the country's public financial management system for transparency, accountability and effectiveness in the use of public funds.
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The government will be using foreign aid to finance large infrastructure projects from the next fiscal year beginning mid-July, Finance Minister Yubaraj Khatiwada said Wednesday.
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