Nepal Development Watch questions implementation of record Rs 2.12 trillion budget
Summary
Nepal Development Watch critiques Nepal's Rs 2.12 trillion budget for 2026/27, praising reforms but warning of a financing gap and limited social inclusion focus.
Key Points
- Nepal Development Watch commends the reformist measures in Nepal's Rs 2.12 trillion budget for fiscal year 2026/27.
- The budget shows a significant financing gap of Rs 0.8 trillion needing loans and international grants to cover.
- Reforms include reducing ministries, merging state agencies, raising salary budgets, and tax cuts for middle class and tech youth.
- Concerns include insufficient social inclusion, underfunded health and education sectors, and lack of domestic job creation strategies.
