Govt doubles the budget for the procurement of chemical fertilizers

Published On: May 29, 2023 05:23 PM NPT By: Republica  | @RepublicaNepal


Govt doubles the budget for the procurement of chemical fertilizers

KATHMANDU, May 29: The government has doubled the budget for the procurement of chemical fertilizers.

Finance Minister Dr Prakash Sharan Mahat announced the allocation of Rs 30 billion for the purchase of chemical fertilizers for the coming financial year through the budget of the FY 2023/24.

The government had allocated Rs 15 billion for the purchase of chemical fertilizer in the FY 2022/23, while the amount stood at Rs 12 billion in the FY 2021/22. Similarly, the budget allocated for the purchase of chemical fertilizers in the FY 2020/21 was Rs 11 billion.

 

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