White Paper: Finance Minister Reveals Grim Condition of National Coffer

Finance News Politics

Tuesday, August 10, 2021/Kathmandu-
The government issued a white paper expressing the serious condition of national coffer, signalling an alarming situation of the national coffer.

Finance Minister Janardan Sharma ‘Prabhakar’ revealed the grim situation of the national coffer at the federal parliament on Tuesday, saying the country was reeling under a difficult time.

Simultaneously, Sharma approved a Rs 5 billion for vaccines to be imported to fight the covid-19 pandemic.

Presenting the white paper, he informed that the national coffer had a deficit of Rs 143 billion.

Also, Sharma announced that the government would come up with a new budget, while the earlier Oli led government had brought it through ordinance.