PressAdda
Newly appointed Finance Minister Dr. Rameshwor Khanal assumed office on Monday, announcing that politically influenced and fragmented projects in the budget will be scrapped. He said such cuts could free up nearly Rs 100 billion in resources.
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Khanal, a former finance secretary, formed a three-member task force led by the Budget Division chief to review and prioritize spending. He emphasized channeling funds toward reconstruction and ensuring elections within six months.
Referring to damage at Singha Durbar during the Gen Z protests, Khanal pledged quick repairs without purchasing new vehicles, urging instead to sell old ones and focus on recovery. He also stressed building trust with the private sector to enhance revenue without undue pressure.
