Monday, May 14, 2018

Finance Minister assures of pro-socialist budget

Finance Minister Dr Yubaraj Khatiwada has said that government is preparing socialism-oriented budget as per the spirit of the constitution.
Responding to the queries of Upper House members regarding the principles and priorities – except tax proposal – of the Appropriation Bill for the next fiscal year 2075-76 in today, Khatiwada assured that the budget would be according to the election manifesto of the united leftist alliance.
However, the partners in the government of left alliance – the Maoist Centre – ministers have shown their dissatisfaction over the budget preparation process. They have blamed the finance minister for not discussing with them.
The Finance Ministry is preparing the budget within the ceiling of Rs 1204 billion as according to the National Planning Commission (NPA) ceiling. However, the commission's newly appointed members have also no idea about the budget preparation, though the commission is said to be the planning partner during the budget preparation.
Khatiwada has neither consulted with the alliance partners nor has he shown any indication of listening to them.
Last week, Khatiwada had invited former finance ministers to discuss on the budget but only Dr Baburam Bhattarai and Dr Rup Jyoti arrived at the Finance Ministry. The former finance ministers including Bishnu Poudel, Surendra Pandey and Bharat Mohan Adhikari – who hail from Dr Khatiwada's own party CPN-UML – and Krishna Bahadur Mahara and Barsha Man Pun – who hail from Maoist Centre, the government alliance – also could not spare their time to Khatiwada.

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