Prasad defends government borrowing

2026-03-12 - 18:55

Government MP Professor Biman Prasad has defended the coalition government’s economic policies, saying borrowing and tax reforms were essential to fund development and improve public services. Speaking in Parliament, Prasad responded to opposition criticism over government borrowing, taxation, and economic management. He said reforms introduced in the 2023–2024 national budget boosted government revenue, allowing expanded