Wed, 12 June, 2024

Govt unveils Rs 1.86 trillion budget for FY 2081/82 (full text)

Staff Reporter May 28, 2024

Kathmandu : The government has presented the budget amounting to Rs 1 trillion 860 billion for the fiscal year (FY) 2081/82 BS.

Presenting the budget in the joint meeting of the House of Representative and the National Assembly in the Federal Parliament building in New Baneshwar on Tuesday, Finance Minister Barshman Pun said the total budget for the fiscal year 2081/82 BS is put at Rs 1 trillion 860 billion and 300 million. 

Minister Pun provided a breakdown of the budget allocation, stating that Rs 1 trillion 140 billion 660 million (61.31%) has been allocated for current expenditure, while Rs 352 billion 350 million (18.94%) has been appropriated for the capital expenditure.

Similarly, Rs 367 billion, 180 million (19.74) has been allocated for financing. 

The size of the upcoming fiscal year’s budget is 6.2 percent more than the current fiscal year while it is 21.56 percent more than the revised estimation of the budget of the current fiscal year.   

In the total allocation, Rs 408.87 billion has been allocated for fiscal transfer to the province and local levels.

The major sources of the budget estimation for the upcoming fiscal year include Rs 1 billion 260 million 300 thousand from revenue collection and Rs 52.33 billion from foreign aid and Rs 217.67 billion from foreign loan assistance. Likewise, Rs 330 billion would be collected from the internal loan.

Full text:–ERgA2Nm61p5ilt5XQLB7UsDUMPxj/preview