KATHMANDU, May 30: The tourism industry, including hotels, will be provided with benefits and incentives like those provided to the productive sector.

KATHMANDU, May 30: While the pandemic continues to impact international airport projects under construction, the government is planning on bringing them into operation in the next fiscal year.

KATHMANDU, May 29: The government has unveiled a budget of Rs 1.647 trillion, introducing a number of populist programs, despite the widespread concerns from various fronts not to launch such programs at a time when midterm elections have been announced.

KATHMANDU, May 29: Overall, the budget is very comprehensive. The option of bringing a budget just focused on dealing with the current pandemic has not been taken, and the budget assumes the return to the status quote ante prior to the pandemic in the coming fiscal year. Keeping the forthcoming elections in mind, the budget in many aspects is expansionary and caters to assisting the masses.

KATHMANDU, May 29: Finance Minister Bishnu Poudel on Saturday unveiled a budget of Rs 1.647 trillion (Rs 1,647,570,000,000) for the upcoming fiscal year 2021/22.

Budget speech (Live Video)

Published On: May 29, 2021 06:16 PM NPT By: Republica

KATHMANDU, May 29: Finance Minister Bishnu Poudel is presenting the budget for the fiscal year 2021/22.

KATHMANDU, May 29: The government this year too has reiterated its same old commitment to expand the petroleum storage capacity of the country so that it can meet the national demand for at least three months.

Senior citizen allowance increased to Rs 4,000 a month

Published On: May 29, 2021 05:30 PM NPT By: Republica

KATHMANDU, May 29: The government has hiked the monthly senior citizen allowance to Rs 4,000.

New budget allocates Rs 45.09 billion for agriculture

Published On: May 29, 2021 04:27 PM NPT By: Republica

KATHMANDU, May 29: The budget 2021/22 has allocated Rs 45.09 billion for the agriculture sector. Of the amount, Rs 12 billion will be spent on the supply management of chemical fertilizers.

KATHMANDU, May 29: The government has estimated the annual growth rate to stand at 6.5 percent in the next fiscal year. Unveiling the budget for the fiscal year 2020/21, Finance Minister Bishnu Prasad Poudel has projected the economic growth rate for the economy hit hard by COVID-19 pandemic.