Bagmati Province Unveils Rs 66.09 Billion Budget for FY 2026/27, Focused on Employment and Economic Growth

Key Points

• Bagmati Province government unveiled a Rs 66.09 billion budget for FY 2026/27 focusing on economic growth, employment, and infrastructure.
• Rs 22.09 billion allocated for recurrent expenditure and Rs 43.09 billion for capital projects.
• The province projects a 5.40% annual economic growth rate and a per capita income of USD 2,644, highest among provinces.
• Rs 6 billion allocated for financial transfers to local levels to strengthen governance and grassroots development.