At a time when the country’s economic indicators are in a bad shape due to the global conflict and COVID-19 pandemic, no one needed to analyze what Nepal’s annual budget for fiscal year 2022/023 would look like. Increasing salary, minister Janardan Sharma tried to woo the civil servants. Reducing the age limit for social welfare, the minister has made another effort to make political gains. Announcing dream projects like fast track, construction of mega airport and hydropower, the minister unknowingly is pushing Nepal to go to a financial debacle. Looking for the coming two elections, Minister Sharma presented a budget full of populist packages rather than saving the economy
By A Correspondent Jun 06, 2022