Nepal has released it new budget for fiscal year 80/81
02 Jun,2024
Nepal finance ministry has released the new budget for fiscal year 80/81 and made improvement in many fields
The government has released a budget of Rs 17.51 Kharba for the fiscal year 2080/81.
Releasing the budget for the upcoming fiscal year, Minister for Finance Prakash Sharan Mahat allocated Rs 11.41 Kharba (65.20%) in recurrent expenditure, Rs 3.02 Kharba (17.25%) in capital expenditure, Rs 3.07 Kharba (17.55%) in financial management.
Minister Mahat said that a total of Rs 12.48 Kharba would be collected from the tax revenue, Rs 49.94 Arba would be covered by foreign aid, Rs 2.12 Kharba from Foreign loans, and Rs 2.40 Kharba from internal loans.