Bagmati Province Government to Present 10th Budget of Over NPR 66 Billion

Hetauda. The Bagmati Province Government is preparing to present the budget for the upcoming fiscal year 2082/83 at the Provincial Assembly meeting scheduled for Monday afternoon at 4 PM. This will be the 10th budget presented by the provincial government. The provincial government is preparing to propose a budget of over NPR 66 billion for the upcoming fiscal year. According to the agreement reached between the ruling coalition partners CPN (UML) and Nepali Congress, the Minister for Economic Affairs and Planning, Prabhat Tamang, is preparing to present a budget of approximately that amount. A source from the Chief Minister's office stated that although the initial budget source was estimated at NPR 50 billion due to the increasing pressure of development construction plans in the province, an agreement has been reached to present a budget of up to NPR 66 billion as demand increased. According to him, there is increasing pressure to increase the budget size due to the high demand from parliamentarians and planned needs. However, the source stated that Minister Tamang is firm that a budget of a larger size than the source estimate cannot be presented, and the budget ceiling has been set accordingly. The Ministry of Finance has already distributed the budget ceiling to the ministries, and administrative restructuring is being prepared to be implemented from July. The provincial government had presented a budget of NPR 67 billion in the current fiscal year.

Past Budget Status