Tribhuvan University budget increases by nearly 10 percent
Summary
Tribhuvan University has approved a Rs 30.87 billion budget for fiscal year 2026/27, up 9.77 percent from the previous year. The university is facing an Rs 8.31 billion deficit after government grants fell short of its expected funding needs.
Key Points
- Tribhuvan University approved a Rs 30.87 billion budget for fiscal year 2026/27, a 9.77 percent increase from last year.
- The university expects to raise 49.38 percent of the budget from internal resources and 50.62 percent from the Nepal government, but the government has allocated only Rs 7.31 billion in grants.
- A projected Rs 8.31 billion deficit has emerged because of higher salary and allowance obligations for teachers and staff.
- The university has asked the Prime Minister, as Chancellor, to help arrange the missing funds and has tightened spending controls on internal expenditures.
