Govt announces budget of Rs 1.860 trillion for FY 2024/25

Published On: May 28, 2024 04:52 PM NPT By: Republica  | @RepublicaNepal

KATHMANDU, May 28: The government has announced a budget of Rs 1.860 trillion for the upcoming fiscal year 2024/25.

Presenting the annual budget for the next fiscal year on Tuesday, Finance Minister Barsha Man Pun has announced the aforementioned budget which is more than the ceiling of Rs 1.8 trillion set by the National Planning Commission. 

Of the total budget, Rs 1.14066 trillion (61.31%) is allocated for recurrent expenditure and Rs 352.35 billion (18.94%) for capital expenditure and Rs 367.18 billion for financial management.

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