Budget formulation process for next fiscal year begun
Summary
The National Planning Commission and related committees have begun the budget preparation process for Nepal's fiscal year 2026/27, estimating revenue sources and expenditure limits.
Key Points
- The budget preparation process for fiscal year 2026/27 has begun.
- The National Revenue Estimation Committee is working to identify budget sources and spending limits.
- Data is being gathered from Nepal Rastra Bank, National Statistics Office, Ministry of Finance, and other ministries.
- The National Revenue Estimation Committee must finalize and report revenue estimates and expenditure limits by the legal deadline.
