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ECONOMY

Local govts in Tanahun present a budget of around Rs 7.91 billion

DAMAULI, June 26: The local level governments in Tanahun district have presented a budget estimate of around Rs 8 bi...

By Republica

DAMAULI, June 26: The local level governments in Tanahun district have presented a budget estimate of around Rs 8 billion for the coming fiscal year 2022/23.


Four municipalities and six rural municipalities of the district have tabled their respective income and expenditure details for the new fiscal year. The highest budget has been presented by Byas Municipality and the lowest by Ghiring Rural Municipality.


Byas Municipality has presented an estimated budget of Rs 1.65 billion. Out of the allocated budget, the current expenditure is estimated at Rs 865.5 million and the capital expenditure at Rs 789.99 million, said Deputy Mayor Indira Darai.


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Out of the budget, Rs 589.8 million is conditional grant from the federal government, Rs 226 million from internal sources, Rs. 206.9 million from financial equalization grant from the federal government, Rs 100 million from the reserve fund and Rs 100 million from revenue sharing.


Ghiring Rural Municipality has presented an estimated budget of Rs 496.68 million. Of the amount, Rs 269.13 million has been allocated for the current expenditure and Rs 232.6 million for capital expenditure, according to Vice-chair Radha Devi Adhikari. 


Likewise, Bhanu Municipality has presented an estimated budget of Rs 896.8 million while Shuklagandaki Municipality has presented a budget of Rs 1.22 billion. Bhimad Municipality has presented an estimated budget of Rs 670 million. Devghat Rural Municipality has presented an estimated budget of Rs 526.64 million. Rishing Rural Municipality has presented an estimated budget of Rs 499.9 million. 


Aanbukhaireni Rural Municipality has presented an estimated budget of Rs 605.33 million. Bandipur Rural Municipality has presented a budget of Rs 626.29 million. Myagdi Rural Municipality has presented an estimated budget of Rs 732.69 million.


(RSS)


 

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