Nepal hikes social security spending in budget

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KATHMANDU: Nepal's finance minister on Wednesday (May 29) hiked social security payments and civil servant salaries as he presented the annual ...

KATHMANDU: Nepal's finance minister on Wednesday hiked social security payments and civil servant salaries as he presented the annual budget for the Himalayan republic's ruling communists.

Widows, the disabled and orphans will have their monthly allowances doubled to US$20, a step that will benefit another 900,000 people, he said. The leader of the opposition Nepali Congress party, Sher Bahadur Deuba, criticized the budget, telling reporters the government would struggle to implement the increases.

Source: News Formal (newsformal.com)

 

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