At the moment, the budget session is going on in the parliament. Not only the opposition party, the President of the ruling party UML, KP Sharma Oli has also criticized the budget. National Independent Party, CPN United Socialist Party and other parties have not been able to openly support the budget. With such activities, the question of who owns the budget has become a burning issue.

The economy has been sluggish for a long time. In such a situation, if the coalition parties came together and brought the budget with a common spirit, it would have helped to solve the existing problems of the economy. Where did the government go wrong in budgeting? Why the coalition party's common budget could not come? Can the budget programs loosen the knots of the economy? Talks on various topics with former Finance Minister and UML Vice President Surendra Pandey Yagya Banjade of Kantipur and Seema Tamang : Addressing the existing challenges in the economic-social sector, Aam The finance minister claims that the budget has come as a document that instills confidence and hope in citizens. The government declared the next financial year as the year of economic reforms. Will it revive the sluggish economy? 

Budget is a political, economic document. Even if it is written in numbers, the budget should address the current economic and political situation. Currently, the morale of the private sector is low, the economy is relaxed, and the overall demand is decreasing. This budget has not been able to address the existing problems of the economy. Only a few days ago, in the meeting of the UML parliamentary party, a person asked what is the difference between the budget you brought at that time and the current budget. I said that the budget should always be addressed at that time. When I was the finance minister, there was loadshedding for 18 hours, bandh/strike everywhere, agitations when there were road accidents. The movement had started in Madhesh, the Maoist fighters were in the camp. At that time, after Maoist Chairman Pushpa Kamal Dahal said that we have increased the number of these fighters later, a representative of the World Bank came and said that we cannot give money. Then the government had to bear that responsibility. To solve the problems of the economy at that time, I started the system of third party insurance, health insurance, social security by deducting one percent tax on income. The construction of Madhyapahari Lokmarg started at that time. Hetaunda-Chatra road, fast track was also started at that time. I had started construction of transmission line to end load shedding. I made a budget focusing on solving the current problem.

No stop/strike now, no liquidity problems, external indicators are strong. This is not to say that there are no problems now. The main problem is the significant decrease in revenue. During my time the revenue increased by 25 percent. Before me, Baburam Bhattarai was the finance minister, during his time the revenue increased by 28 percent. As the revenue was high, I also made him pay the government debt. At that time, government debt as a proportion of gross domestic product (GDP) was only 25 percent. This year, despite setting a target of 41 percent revenue growth, only 10 percent has been achieved. Foreign exchange reserves are at an all-time high. By showing this reserve, the government is happy. Reserves piled up as imports fell. Our revenue is based on imports. Therefore, when the import decreased, the revenue also decreased. Foreign loans and aid and subsidies will come in far short of the target. It is now a little more than a month to the end of the financial year. By the end of the fiscal year, neither foreign loans nor foreign aid is likely to reach 50 percent of the target. Unable to raise external resources, the government turned its attention to internal debt. Therefore, the fund of the government has become negative. 

As a whole, the budget cannot address the current problems . Foreign exchange reserves are only one indicator of a healthy economy. For the economy to be healthy, many other indicators must be healthy.

UML president KP Sharma Oli, the ruling party, including Raswap, are strongly opposing the budget. It is said that the budget did not come according to the common policy and program of the alliance. Why did this happen? After all, whose budget is it? 

Even if there is a coalition government, the budget has been brought as an independent or only one party. The budget should have represented the coalition government as a whole. When I brought the second budget, the Maoists in the opposition got to read the budget before taking it to the parliament. But now even when we are in government, we are not allowed to participate. There should have been a meeting on budget preparation. The finance minister could have made an orientation about the budget. But we were not made to participate in any meeting about the budget. No information was given. 

According to the former finance minister, I was asked for a suggestion, I gave it. UML President Oli has already made a statement in the course of speaking to the parliamentary party that 'it would have been better if we were also asked in the budget'. The policy and program was also somewhat monotonous. After that, President Oli met Prime Minister Pushpa Kamal Dahal and told him not to do the same in the budget as in the policy and program. It would have been better if the budget had been discussed with the ruling parties after the formation of the coalition government. 

Since the coalition parties do not want to own the budget, will there be a problem in implementation?

The coalition party has said that they will complain but will pass the budget. There is no non-cooperation as budget implementation is done at the ministerial level. Instead of saying that I respect the martyrs of the People's War, I could have said that I respect the martyrs of Sukhani in the budget. After the people's war, only the Maoists were seen. Budget writing is flawed as it is not written emotionally. There are some errors in the program as well. 

In the past few years, there is a competition between the governments to see who will bring the biggest budget. This is the reason why there is a growing trend of insufficient resources or deficit budgets. However, it does not work to cover the budget deficit. What will be the long-term impact as the deficit accumulates every year? 

Many times there is a deficit budget but in the end there is also a treasury surplus in the government finance savings. When the size of the budget is large, the budget is made to do so much from revenue, internal debt, and so much from foreign aid. It had to be calculated not from the expense side but from the income side. The budget is made based on where the income comes from rather than where the government allocates the expenditure. During my time, foreign aid was less in terms of income generation. At the time of announcing the budget, 30 percent was external and 70 percent internal. At the end of the financial year, external 20 percent and internal 80 percent. External aid dwindled. Internal debt was low at that time as the revenue was high. In the current situation, the budget is running a deficit. Internal debt is increasing. Revenue decreased. Decline in revenue and increase in domestic debt, decrease in aggregate demand are signs of economic recession. The reason for the decline in imports has not been investigated. Due to the reduction of customs rates outside, there is no need to leave Nepal and our imports have decreased? Yesterday, those who went abroad used to buy land in Nepal, but now they started selling land in Nepal and taking their parents with them? A thorough analysis is necessary.

Despite setting a target of 41 percent revenue growth in the current fiscal year, it has not been able to exceed 10 percent. It is said that revenue will increase by 34 percent next year. How is this possible? 

As soon as there is a big gap in the revenue target, the other plan goes awry. When the collection of revenue is low, there is a situation where borrowing is also required to raise the 'matching fund' required for borrowing from abroad. For that too, there is a situation to ask foreigners for a loan under budgetary support. Budgetary support of 60 billion is going to come in the next financial year. We have said that we will put 22 billion in the fast track, we will put money for budgetary support there. We are spending foreign resources, matching fund should also be provided by the budgetary support provided by IMF and other organizations. We have no money.

Why does the tax on electric vehicles keep changing? The same is true of sponge iron. Doesn't it increase political instability?

The government has focused on how to increase revenue. There are a lot of electric vehicles now. If this is done extensively, the consumption of diesel/petrol will decrease. The revenue collected from it also decreases. Trying to raise that revenue from others is again a downward trend in policy. How much does the country need electric vehicles? How many petrol/diesel vehicles do electric vehicles displace? That too has not been studied. Tax policy is being introduced without study. It is okay to raise taxes when revenues are falling. If the revenue does not rise, how to run the country? 

Every year the government says it will increase the tax rate and not the tax rate. However, new dimensions of taxation have not been found. There is a recurring trend of increasing or decreasing revenue only by reducing customs rates and excise duties. Why did this happen?

Basically, Nepal's economy reached a point of recession. Now it is time to review it thoroughly. It is time to 'break through' from the existing situation to increase the revenue as per the target. The goal is not achieved in a normal way. This is not possible without a clear financial vision and plan. Nothing is going to happen from administrative reforms.

A hypothetical question, if you were the finance minister in the current situation, where would you increase the tax rate and scope to collect revenue according to the target? 

There is a weakness in our budgeting system. Revenue is discussed only one day before the budget. We keep silent all year round. Every year on June 14, after turning over a thousand pages of customs, which HS code, which item, how much customs rate is charged? How much lower can you do? We decide the rate based on that. After the budget comes, the discussion about the tax rate and scope starts. And the question starts to arise that less customs duty is imposed on finished goods than on raw materials. It is not a secret topic to discuss the revenue before a day. If I were in the position of making the budget, I would have formed a committee and made a comprehensive study to change the orientation of the HS code itself. Not only on the 14th of June, but through the committee, I used to study 1000 pages and make recommendations. After that recommendation, a new procedure was prepared for 5/10 years. No matter how knowledgeable the finance minister is, which of the 1,000 pages will he look at? That is not possible. 

During the Maoist-led government, Prime Minister Pushpa Kamal Dahal and Finance Minister Janardhan Sharma, through last year's budget, the government imposed Value Added Tax (VAT) on imports including potatoes and onions. Now Finance Minister Varshman Pun removed it. A policy made by a single party minister could not last even for a year. Why does this happen? 

The current finance minister has presented a sentence that cannot be presented in the budget of the next financial year. In the current year's budget, the then Finance Minister Prakasharan Mahat imposed VAT on the import of potatoes, onions and apples, and we criticized that stoves became more expensive. The Finance Minister at that time had given a clarification that by imposing VAT, domestic goods were protected and it discouraged imports. Paying 13 percent VAT made domestic goods cheaper than imports. But Finance Minister Pun has said that he has adopted a policy to protect indigenous products by removing the VAT imposed on the import of potatoes, onions and apples. This is incompatible. The budget is written in such a way that even the common economic words do not match. By giving more protection to Nepalese goods, customs rates cannot be lowered based on international agreements. In that case, VAT could be used to protect indigenous goods. At the time, we were criticized because there was no domestic production, which would directly make the stoves more expensive. But now you have removed it using another language. 

The government recently held an investment conference. The private sector is repeatedly demanding a stable policy. Government policies are contrary to the demands of the private sector. In such a situation, on what basis can the private sector conduct industry, business, and business? 

Finance Minister may not be expert and practical in all matters. A stable policy should be taken after consultation with experts or involved private sector. If we move towards a stable policy, the confidence of the private sector will increase. Protects investment. Economic development is not possible when policies are made ignoring investors, neglecting the private sector. 

In order to complete the rest of the peace process and transitional justice, 1 billion has been allocated to establish a peace fund for compensation, financial assistance and rehabilitation to conflict-affected families. There is an allegation that the fund was created to distribute funds to the workers?

After creating a fund to give to conflict victims, it will be given to activists. The day is not made for reading. The work of a skilled leader should be brought in such a way that no matter what the government is, it should not be at the top. UML has worked efficiently on old age pension, it must have learned from it. In the 2048 elections, the Congress alleged that the communists killed the elderly by taking them to ditches. After paying 100 rupees, that allegation was shattered. Now the Congress has reduced the age of getting old age pension but could not take it. He would have found a budget and lacking budget in the treatment and education, they would get it. Cash for cadres and NBSP; is the wrong trend to distribute budget for sharing. & Nbsp; The

Prime Minister of Prime Minister daughter program has come to many slogan budget, but the budget is very low. Is it necessary to say that when the Agriculture Investment Decurs, information technology decades, do you not? The program with clear variation in the

budget has not been able to come. The budget has not been able to address how to put investment to investment. The area to address the current economic situation is a agriculture. Despite 24 percent of the GDP, the agricultural sector has given a large number of employment. It is because the agriculture basis of lack of prices, covids, is not easy in the economic crisis. Even more jobs goes, there is a basis for agriculture. Belief is to go and engage in village for agriculture, arresting in Kathmandu. So a base of the economy is a agricultural sector. It does not apply to developed countries. Energy can be added to all areas after agriculture. If we sell 20,000 MW of electricity, then only the economy is not limited to gender. If a country does not give any objects to Nepal, we will be bargaining the basis for bargaining. Is the third tourism. Both tourists coming to China, China requires 20 million tourists in the next 15 years, exceeding 12/13 thousand thousand dollars in the next 15 years. However, it has not been planned. & Nbsp in the budget. & Nbsp; On the

of the one, capital expenditure is reduced. It is only spent only half of its years. It is not stopped on the order of more expenses at the end of the year to year. Financial chaos and councils are busy. But the government does not seem sensitive to financial system? & Nbsp;

decided that the final segmented in the last four times, the Far West and Karnali were decided to send it to another year. Because at times it was customary to run out that the staff do not remove the staff and did not spend money. If I did not cost, I decided to refrigerate but to send it to the next time. Such issues were to be included in the budget, but it was not included in this budget. I could not go beyond the budget or ensure of resources or other national pride of national pride. That could not be. & Nbsp; The government brought a large-s-s-s-s-s-s-s-s-s-s-s-s-s-s-s-s-s-s-s-s-s-s-s-s-s-s-s-s-s-s-s-s-s-s-s-s-s-s-s-s-s-s-s-s-class and distribution budget, where the government has not been taken away expenses and chases spending capacity, they continued to continue the old program?

I will not give all the blame for the finances of the program. The government is irrational successor organization. Even the present-seven, which is now known. Earlier, the trend is not only in the current budget, that the trend has not been continued, such a new program has also come. If the Finance Minister wanted, would it be stopped distributing the fighters? Finance Ministry of Finance He did not stay in financial discipline. The ministry has written a letter of essentials in this year's budget, more than 6000 billion. & NBSP; It has been a task to ensure resources on the basis of power and access, not on the need and justification. & Nbsp;

a is the reason why the government is now not paid to pay the construction businessman. Based on the Ministry Based on the letter, the concerned ministry invites the tender and the contractor starts work. But it is not the plan of the Ministry of Finance, only the letter is gone. Ministers and officials have also changed. There is no real statistics that such a amount is. Here is the bad beauty of the Ministry of Finance. No study is not investigated, nor has political, economic analysis. The beginning of making a story-BRAK budget, citizen and the country, the citizen and the country is from Oli, president of the Advocated party. You must Must Must for you to question that the current government was not right? & NBSP;

has been some wrong in the past. This government had to improve them. Such programs cannot be raised in normal cases. While suggesting with the budget related to the budget, I told the finance minister - you can't improve all the shortcomings from the past. However, do a job, set the budget for 30 percent of the total budget, and only other people, parties, local levels, and only 70 percent of the national status, only follow the budget. Pursuing this proposal in the pre-weed discussion and pass. Was a kind of crisis in 2064/65. We are now facing new crises. Old belongings are limited to sources. The new resource should be managed. & Nbsp; Stopping

projects also include the 'micro management', the 'micro management' is opposed to protest. This was why it had decided that the federal government decided not to look after Rs. 300 million in the past. Now that decision has been violated. In this way, why cannot the government prevent the need for budgets or not plagued by laws? I do not listen to whether the

er is not assumed or pressure. You must first be aware of such pressure. The minister is to introduce the budget in his area but MPs should not find programs in their field of control. The minister also puts budget in the medium of MP and the ministry, but it is not the case. Even in general public, the Minister of Parliament will come to the village after the Minister of his region. This is why citizens go to Delievession for making ministers. Everyone from this mindset must come out. There should be an own idea in the district without a minister, it should be able to explain that the project is elected on the basis of citizens in the critical of the minister. On everyone else's tendency, the first minister should be free. & NBSP;

that then seeing that the budget is proportional according to the MPs or Constituency Region;

budget should not be proportional. For example, where it can generate electricity is in Sindhupalchchh, the budget looks bigger than any other district. But, that electricity is made for the party. Extras of mountains and hills are easy to open the industry, the industry produced industry is opened, also reduce production costs. The argument that went a budget in the Terai, the argument that it does not go to the mountains does not work. Therefore, it is to allocate budget on the basis of need of country, resources, access and availability, national interests), etc. However, the basic aspects should be proportional issues, babies, education, education, health and health, including the government. & Nbsp;

was still so much as the government announced the high-level economic reformity commission and Soverein Welit Fund. Why Want these bodies? & Nbsp;

has become a lot of commission. The Commission's report and implementing the reports of the Commission and implementation of the reports will solve a lot of problems. But I did not understand why there was a new commission. The Commission of Deliraj Khanal reported to the reports for administration reform. The Ripart of that commission has not been implemented. There is nothing in making the commission on the commission. & Nbsp; What can the government need to improve Story-Immediate economy? & nbsp;

had to move immediate economy dynamic. Even when the government did not move out of the business, Nepse could not grow in the stock market, why didn't the importance of being opened? The government seems immediate to solve these problems. Let's easily comfort the loan to the real estate, it may not be good for the long-day, but this field is to make the region easier. Before growing in a business money, he increases the demand, increase the demand increased, and the revenue increases the economy. Similarly, let us take a few concession to shares market and imports for immediate markets and imports. Because it is now a major leader and important work to lift the economy through the problem. Seeking the economy from the short term work, let us warn over again. However, if someone starts inappropriate benefits from the policy ease of currently, someone begins to benefit. Those arrangements are only done to make the loose economy, not to give anyone unfair advantage. This work can still do it.