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Finance Minister Janardan Sharma resigns

Finance Minister Janardan Sharma presents the annual budget plan for the fiscal year 2022/23, in Kathmandu, on Sunday, May 29, 2022. Photo: Chandra Bahadur Ale
Finance Minister Janardan Sharma presents the annual budget plan for the fiscal year 2022/23, in Kathmandu, on Sunday, May 29, 2022. Photo: Chandra Bahadur Ale

Kathmandu, July 6

Finance Minister Janardan Sharma has resigned.

Sharma announced his resignation during the House of Representatives meeting on Wednesday afternoon.

Sharma addressed the House meeting today after the House formed an 11-member committee to look into the charges labelled against him recently. The main opposition CPN-UML had boycotted his address.

Several stakeholders including the main opposition, CPN-UML, had been demanding Sharma’s resignation.

Of late, Janardan Sharma was under fire after Annapurna Post reported that he changed tax rates in the budget plan for the next fiscal year under some industrialists’ pressure. As the news reported that the industrialists entered the ministry office on the eve of the budget announcement to tamper with the document, there was a call to investigate the CCTV footage. But, the ministry has already said the footage was automatically deleted.

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