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Govt presents budget of Rs 1.793 trillion
Published On: May 29, 2022 08:15 PM NPT By: RAJESH KHANAL
KATHMANDU, May 29: The government has announced a total budget of Rs 1.793 trillion for the fiscal year 2022/23, which is 8.86 percent more than the budget for the current fiscal year.
Major highlights of budget for fiscal year 2022/23 (with full text)
Published On: May 29, 2022 07:53 PM NPT By: Republica
KATHMANDU, May 29: The government has presented an annual budget of Rs 1.793 trillion for the fiscal year 2022/23. Of the total budget, Rs 753.40 billion (42 percent) is recurrent expenditure and Rs 380 billion (21.2 percent) has been allocated for the capital expenditure.
Govt subsidy on cooking gas to be reduced gradually
Published On: May 29, 2022 07:24 PM NPT By: Republica
KATHMANDU, May 29: The government has decided to reduce the subsidies on the Liquefied Petroleum Gas (LPG) or cooking gas gradually starting next fiscal year.
Civil servants’ salaries raised by 15 percent
Published On: May 29, 2022 07:10 PM NPT By: Republica
KATHMANDU, May 29: The existing salaries of the civil servants have been increased by 15 percent, according to the budget statement for the coming Fiscal Year 2022/23 presented by Finance Minister Janardan Sharma in the House of Representatives today.
Over Rs 69.38 billion allocated for health sector
Published On: May 29, 2022 07:03 PM NPT By: Republica
KATHMANDU, May 29: The government has allocated a budget of Rs 69.38 billion for the health sector in the upcoming fiscal year 2022/23. Minister for Finance, Janardan Sharma Janardan Sharma made this announcement during his budget speech in the federal parliament on Sunday afternoon .
Finance Minister Sharma presenting budget for fiscal year 2022/23
Published On: May 29, 2022 06:26 PM NPT By: Republica
KATHMANDU, May 29: Finance Minister Janardan Sharma is presenting the budget for the coming fiscal year 2022/23 at a joint meeting of both the houses of the federal parliament.
Each household to be provided with electric stoves in next fiscal year
Published On: May 29, 2022 06:25 PM NPT By: Republica
KATHMANDU, May 29: The government has announced plans to distribute electric stoves to all households in the new fiscal year that will begin from mid-July.
Minimum eligible age for elderly allowance reduced to 68 from 70 years
Published On: May 29, 2022 06:02 PM NPT By: RAJESH KHANAL
KATHMANDU, May 29: Amid growing criticism that the state will face additional financial burden due to the uncalled-for flexibility in social security allowances, the government has lowered the minimum age limit to receive old-age allowance to 68 years from the existing 70 years.
Govt makes a slew of announcements for development of sports, Rs 2.46 bn allocated for sports ministry
Published On: May 29, 2022 05:55 PM NPT By: Republica
KATHMANDU, May 29: The government has allocated a budget for the development of the sports sector in the country. Presenting the annual budget for the upcoming fiscal year 2022/23 in parliament on Sunday, Finance Minister Janardan Sharma said that the government attaches high priority to the sports sector.
Govt to launch program to welcome 1 million tourists in FY 2022/23
Published On: May 29, 2022 05:31 PM NPT By: Muna Sunuwar
KATHMANDU, May 29: The government has announced plans to launch a program to welcome one million tourists in the coming fiscal year 2022/23.
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