Budget Of Provinces
risingnepaldaily.com · Mon Jun 17 01:14:28 UTC 2024

With the announcement of budget for the fiscal year 2081/82 B.S., all seven provinces have geared towards strengthening their economy and infrastructure. One of the important components of federal system, provinces have introduced their annual estimates of incomes and expenditures amidst the frequent change of the guards. The combined budgets of all seven provinces stand at more than Rs. 278 billion. They have accorded priority to infrastructure development, job creation, agriculture, poverty alleviation, tourism and social security, among others. All the provinces have promised to optimise the local resources but as one goes through the budget documents of all provinces, it becomes clear that they have not yet fully explored and tapped the local resources which enable them to stand on their own feet and pursue development works on their own.
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