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Experts suggest to bring implementable budget
April 16, 2024

Experts suggest to bring implementable budget

Kathmandu, April 16: Economists and experts have urged the government to introduce a practicable budget for the upcoming fiscal year. At a meeting of the National Assembly’s Committee on Development, Economic Affairs and Good Governance on Tuesday, the experts viewed that the new budget should be based on development and social justice along with being gender-responsive.

They suggested that the government should focus on sustainable development of agriculture, energy and tourism sectors in the new budget.On the occasion, economist Dr Govinda Nepal said the big-size budget and its non-implementation have created fiscal imbalance and called for a practicable budget.
He argued the new budget should accord priority for the modernization of agriculture, information technology, energy and tourism.

Likewise, Registrar of Kathmandu University Achyut Wagle said the structure of the economy should be made environment-friendly and the new budget should focus on the areas for sustainable development of agriculture and its production.Similarly, social advocate Bharati Silwal Giri said the budget should be gender-responsive and it should incorporate the issues of gender equality and women empowerment.

During the meeting, NA Vice Chairperson Bimala Ghimire expressed confidence that the feedback received from the experts would be instrumental in enriching the new budget.Committee Chairperson Kamala Devi Pant said the new budget should address the issues of Dalits, underprivileged and marginalized communities.

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