Cut waste, boost production: Former Finance Ministers demand ruthless fiscal reforms
▸ Part of: House of Representatives Passes Alternative Development Finance Bill Amidst Opposition
Finance Minister Swarnim Wagle consulted with eight former finance ministers to gather inputs for the upcoming fiscal year’s budget, focusing on leveraging past experiences for the current economic climate. Former ministers urged for ruthless fiscal reforms, including cutting waste, boosting production, implementing structural reforms, capping revenue growth, and prioritizing investments in areas like high-altitude sports infrastructure and mining.
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