Bagmati Province Government to Present 10th Budget of Over NPR 66 Billion
Summary
Bagmati Province Government is set to present its 10th budget totaling over NPR 66 billion for the fiscal year 2082/83, focusing on infrastructure and development amid rising demands from parliamentarians.
Key Points
- Bagmati Province Government will present its 10th budget for fiscal year 2082/83, budgeting over NPR 66 billion.
- The budget size increased from an initial estimate of NPR 50 billion due to rising development demands.
- Provincial budget has grown approximately 70 times since fiscal year 2074/75, reaching about NPR 67 billion in 2082/83.
- Capital expenditure accounts for the majority of budget spending, emphasizing physical infrastructure development.