• ZenTravels-BRTNepal
  • sbgl
  • sahara
  • ace-advertise

Budget draws flak from opposition leaders, economists

KATHMANDU: Political leaders, economist and industrialists supporting opposition political parties have said that the one-third budget brought through the ordinance was guided by cheap popularity, resembling the sense of a full-fledged budget.

Speaking at an interaction at Reporters’ Club in the capital on Sunday, they said that the government had violated the constitutional provision by bringing more than the one-third size of last year’s expenditure even though the budget was brought according to the Article 96 (a) of the Interim Constitution 2063 B.S.

Secretary of CPN-Maoist Dev Gurung reasoned that the caretaker government presented the one-third budget with the sense of a full size budget and the government violated the constitutional provision by brining the budget of Rs 161 billion though the size of the one-third budget was expected to be limited to Rs 109 billion based on last year’s expenditure.

“This is unacceptable as the government has brought budget with around 50 new programmes, leading to a constitutional crisis”, he said.

Nepali Congress leader Dr Prakash Sharan Mahat said the government has brought distributive and populist budget.

He said complete budget should be brought by forming national unity government by forging consensus as early as possible. “Allocating budget for the ‘impossible’ Constituent Assembly (CA) elections by the caretaker government is totally unconstitutional,” Mahat said.

Likewise, economist Dr Bishambhar Pyaukurel said the budget has not come by linking the economic growth rate to employment.

Also speaking at the programme, economist Dr Chiranjibi Nepal said the budget has totally negated the cooperation between the government and private sector.

Former chairman of Nepal Chamber of Commerce Surendra Bir Malakar said the private sector was waiting for a full-size budget based on political consensus. He said the one-third budget would not create investment friendly environment and the investors would also be reluctant to pour their investments. RSS

Published Date: Sunday, July 15th, 2012 | 09:49 AM

Your Responses