Editorial photo #13770737 Politics
Nepal Finance Minister Swarnim Wagle Holds Press Conference Defending The 2026/27 Budget
Nepal's Finance Minister Swarnim Wagle addresses a press conference in Nepal on May 31, 2026, to discuss the first budget announced since the Gen-Z protest of last September and the formation of a new government under Balendra Shah's leadership. Nepal has presented a total budget of NRs 2.124 trillion for the fiscal year 2026/27, outlining major fiscal, tax, financial, and sectoral reforms aimed at boosting economic growth, improving public services, and attracting investment. The government has also set a revenue target of NRs 1.405 trillion for the upcoming fiscal year. (Photo by Subaas Shrestha/NurPhoto)