The upcoming budget will be around 19 billion

Falgun 6, 2081

Kantipur Reporter

The upcoming budget will be around 19 billion

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In the next financial year 2082/83, the annual budget will be around 19 billion. The National Planning Commission on Tuesday submitted the report 2081 on the preliminary estimate of national resources and the determination of expenditure limits to the Ministry of Finance. In which the commission has suggested to make the next year's budget within the limit of around 19 billion.

Likewise, the Planning Commission has also submitted a roadmap to the Ministry of Finance for proposing projects and programs for the financial year 082/83.

Similarly, the government has reduced the budget for the current financial year by 1 trillion 67 billion after it was determined that the income and expenditure targets would not be met. 16 trillion 92 billion has been maintained after the half-yearly review of the allocated budget of 18 trillion 60 billion. Finance Minister Bishnu Paudel has revised the budget by showing reasons such as the budget presented by the then Finance Minister Varshman Pune, many programs were included for which resources were not guaranteed, projects were selected across Hachuwa, thousands of projects were also kept at the center. The current budget is only 90.99 percent of the total amount allocated at the beginning.

Looking at the work and expenditure trend of the government, economists estimate that the reduced budget will not be spent. With the reduction in size, the current expenditure has now remained at 10 trillion 29 billion 30 million (90.24 percent of the initial allocation) and capital expenditure at 2 trillion 99 billion 50 million 9 million (85 percent of the initial allocation). Last May, the previous government allocated current expenditure of 11 trillion 40 billion 6644 million and capital expenditure of 3 trillion 52 billion 364 million.

Kantipur

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