Koshi Province Government Presents Budget of NPR 40.44 Billion for Upcoming Fiscal Year

Summary

Koshi Province Government has presented a budget of NPR 40.44 billion for the upcoming fiscal year, showing a 12.74% increase from the current year, with allocations across current, capital, financial arrangements, and transfers.

Key Points
  • Koshi Province Government presented a budget of NPR 40.44 billion for the upcoming fiscal year.
  • The budget is 12.74 percent higher than the current fiscal year's.
  • NPR 13.97 billion is allocated for current expenditure and NPR 20.75 billion for capital expenditure.
  • The budget sources include internal revenue, revenue sharing, federal financial equalization, grants, royalty receipts, and cash reserves.
  • Minister Bidur Kumar Lingthep announced the budget as Minister for Economic Affairs and Planning.
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