Have you read this news what Gyne's government had done with people's money. I am wondering why are we keeping this kukur even a day more. Nepali ke papa gareka chha ra yo Mafia Kukur lai palnu parchha ? Finance Minister reveals embezzlement of state fund by royal govt RSS KATHMANDU, May 15 - Saying that the royal government did not utilize public expenditure in the productive sector but only increased public expenditures in a haphazard manner, Finance Minister Ram Sharan Mahat Monday revealed that following dissolution of the House of Representatives, expenditures related to the Royal Palace skyrocketed from Rs. 126.3 million in the Fiscal Year 2002/03 to 751.2 million in F/Y 2004/2005. During the period of the royal government, defence expenditure reached Rs. 16.45 billion from Rs. 12.8 billion, according to the "White Paper" presented on the state of economy-2006 by Minister Mahat at Monday's meeting of the House. Likewise, Rs. 280 million was spent for the local elections boycotted by the major political parties, the Home Ministry received an additional Rs. 10 million to check and suppress the people's movement, Rs. 500,000 was spent daily between December 27, 2005 to April 18, 2006 from the direct order of the then Home Minister Kamal Thapa and Rs. 25 million was allocated as media grant to the Ministry of Information and Communications, according to the report. Based on statistics, the white paper also gives a grim picture of the tourism sector, the industrial and commerce sector, the continued poor performance of public corporations including the Nepal Oil Corporation and Nepal Electricity Authority, poor environment of investment and export, increasing in imports and thereby trade deficit. Minister Dr Mahat said that apart from the budget allocated for the current Fiscal Year, an additional Rs. 3.18 billion had already been released as of April 28, 2006. The amount released was among the additional budget of Rs. 7.65 billion demanded by various government bodies. The minister said the GDP growth rate for the current Fiscal Year has been estimated to be around 1.8 per cent. The GDP growth rate some 10 years ago was 5.1 per cent on an average. Reading out the paper, Minister Dr Mahat also appealed to the donor countries and multinational corporations to immediately resume all stalled aid, provide budget support to resolve the immediate cash crisis and support economic reconstruction plan of the government in the present situation where possibility of lasting political resolution and peace restoration was very high. Likewise, Dr Mahat also urged all friendly nations to cancel the travel advisories issued against Nepal in the past and help bring in maximum number of tourists to Nepal by regarding it as a safe tourist destination. - http://www.kantipuronline.com/kolnews.php?&nid=73782