Rs. 143.91 Billion to Spend

Finance Minister Dr. Ram Sharan Mahat delivered to the House of Representatives on 12 July the annual budget (Rs. 143.91 billion, the largest ever). This is the first budget presented at the HoR in as many as four years. Already some party leaders say the budget is inadequate in sevaral ways, while others applaud Dr. Mahat for his work. Whatever the political reactions, the budget does cut down royal expenditures significantly, and increases social expenditures.