The budget will be released on Tuesday at 1 pm
Author
NEPSE trading
The government’s budget for the upcoming fiscal year will be presented on Tuesday at 1 PM. The Finance Minister of Nepal, Barshaman Pun, is expected to present a budget of around 1.9 trillion rupees. This budget is anticipated to uplift the struggling economy.
Share investors are keenly watching what policies the budget will introduce to improve the capital market. The capital market has been in need of improvement for a long time, and investors are hopeful that the budget will bring positive policy measures.
The monetary policy will be formulated based on the budget, so there is significant interest in the budget. The monetary policy will directly impact the banking sector, interest rates, and loan disbursements, which is why investors are focused on it.
The past years have seen economic downturns and the impact of the COVID-19 pandemic, which have severely affected the economy. It is expected that the government will introduce various policy measures to address these issues.
Specifically, improvements in capital gains tax, loan premium rates, and the management of banks' core capital are expected. These measures are believed to bring new energy to the stock market and boost investor confidence.
Overall, the upcoming budget is expected to take positive steps towards economic recovery, job creation, and investment promotion. This will play a crucial role in the country’s economic stability and development. If effective policies are implemented through the budget, it is believed that the stock market will also see positive impacts.