On Sunday, the governments of all the seven provinces submitted their budgets to the respective provincial assemblies. As the Intergovernmental Finance Management Act, 2074 has made it mandatory to submit the budget within June 1, the state governments have released the budget on Sunday itself. The strengths and weaknesses of the budget submitted by different provinces with their own characteristics are being reviewed.

However, the relevant government should aim to find the basic goals set by the budget through the implementation of the strong aspects and the improvement of the weak aspects. Especially since the federal government and all state governments have not been able to significantly improve their ability to spend capital over the years, the pace of development has been delayed. At the same time, there has been no significant improvement in capital formation from job creation. This year some governments have self-reviewed the size of the budget, so it can be expected that they will also review and improve the weaknesses in the ability to spend the budget. Such a style will not only benefit the people of the respective province, but will also play a role in strengthening the legitimacy of the province.

The Koshi government has announced a budget of 35.87 billion rupees for the financial year 2082/83. Similarly, the Madhesh government has brought a budget of 46 billion 58 billion 33 lakh 51 thousand, Bagmati government 67 billion 47 billion 73 lakh 27 thousand, Gandaki government has brought a budget of 31 billion 97 billion 99 lakh 99 thousand rupees. Similarly, the Lumbini government has brought a budget of 38 billion 91 crores, the Karnali government 32 billion 99 crores 66 lakh 55 thousand and the Sudurpaschim government has brought a budget of 33 billion 47 crores 6 lakh 48 thousand. Koshi, Madhesh, Bagmati and Sudurpaschim provinces have increased the budget size compared to the current financial year. Gandaki and Lumbini have reduced the budget. The decision to increase the size can be seen from a positive point of view, even if it means bringing in a deficit budget, if the intention is to gather resources and work hard to achieve the goal. On the other hand, the decision to reduce the size of the budget in a situation where the subsidy given by the federal government will be cut and it is not able to increase its sources of income can also be interpreted as moderation. Regardless of the reasoning, the budget expenditure and goal achievement will be evaluated in the future.

Over the years, the majority of the federal government's budget has been occupied by current expenditure. In the budget of 19 trillion 64 billion 11 crore submitted by the Finance Minister Bishnu Paudel to the Federal Parliament on May 15, 11 trillion 80 billion 98 crore (60.1 percent), 4 trillion 7 billion 89 crore (20.8 percent) for capital and 3 trillion 75 billion 24 crore (19.1 percent) were allocated for the financial system. On the one hand, there is little allocation of the budget for capital, on the other hand, the same amount has not been spent. In the current financial year, 3 trillion 52 billion 35 crore rupees have been allocated for capital, but only 40.7 percent of the target has been spent by the end of May. As for the

province, the size of the budget allocated towards capital expenditure is more than the current one in all the provinces except Koshi. In Koshi, 17 billion 10 million have been allocated for capital and 18 billion 67 million for operational. Similarly, in Madhesh 30.26 billion for capital and 16.72 billion for current, 41.43 billion for capital and 26.4 billion for Bagmati, 19.99 billion for capital and 12.36 billion for Gandaki, 19.98 billion for capital and 7.79 billion for Karnali and 19.83 billion for capital and 10.20 billion for Far West.