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Stock market declining since budget announcement: Lawmaker Oli

Kathmandu. Member of the House of Representatives, Khusbu Oli, said that he is excited about the budget for the coming fiscal year. Swarnim Wagle asked.

In today’s meeting, he said that the share market, private sector was not excited, industrialists and investors were not confident after the government presented the budget for the coming fiscal year. “In such a situation, who is excited about this budget?” she asked.

She has expressed concern over the fall in the stock market after the government presented the budget for the coming fiscal year.

“As soon as the budget statement was released, there was a sharp fall in the stock market. Which continues to this day. The market is falling further.

The budget should and should have given some positive signal to the market. The impact of the budget is directly visible in the capital market, but it is not visible,” she said.

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