Provinces prioritise development spending in budgets for next fiscal year
Summary
Provincial governments have unveiled their budgets for fiscal year 2026-27, prioritizing capital projects such as roads, healthcare, agriculture, and tourism to drive development and improve infrastructure.
Key Points
- Bagmati Province announced the largest budget of Rs66.93 billion, allocating 65.69% to capital expenditure.
- Madhesh Province presented a Rs41.13 billion budget, focusing on internal revenue, federal grants, and borrowing.
- Koshi Province will emphasize infrastructure, agriculture, tourism, education, and healthcare with a Rs40.44 billion budget.
- Lumbini Province prioritizes healthcare, infrastructure, and drinking water with a budget of Rs37.38 billion.
- Sudurpashchim Province's budget presentation was delayed due to coalition disagreements, with a focus on road projects, climate resilience, and healthcare improvements.