Finance Minister Swornim Wagle is facing mounting pressure to deliver on major tax reform promises made during the election campaign. With Nepal’s national budget approaching, concerns are growing over whether the government can reduce vehicle taxes and provide income tax relief amid declining revenue and economic challenges.
Russia’s oil and gas income declined sharply by 38.3% during the first four months of 2026 as lower global oil prices impacted energy earnings, while non-oil revenue continued to rise steadily.
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