Finance Minister Clarifies Budget Size Remains Unchanged Amid Mid-Year Review
Summary
Finance Minister Rameswor Khanal clarifies that the Nepal government’s budget size remains unchanged at NPR 1.964 trillion amid mid-year review, despite challenges in mobilization and a consolidated fund deficit of NPR 130 billion.
Key Points
- Finance Minister Rameswor Khanal states the budget size for fiscal year 2082/83 remains NPR 1.964 trillion.
- There are challenges in budget mobilization despite the available budget size.
- The government's consolidated fund currently has a deficit of NPR 130 billion.
- Projects worth NPR 119 billion were postponed due to readiness and return concerns, with some funding already unfrozen for select projects.
