Lumbini govt presents budget of Rs 42.63 billion

Published On: June 16, 2022 09:51 AM NPT By: Republica | @RepublicaNepal

RUPANDEHI, June 16: The Lumbini provincial government has presented a budget of 42.63 billion for fiscal year 2022/23.

Minister for Economic Affairs and Cooperatives of Lumbini Province, Krishna Dhoj Khadka presented the budget in the Lumbini Provincial Assembly meeting on Wednesday.

In the budget, Rs 13.32 billion has been allocated for current expenditure and Rs 24.47 billion for capital expenditure.

Minister Khadka said that the budget was prepared keeping agriculture, health, education and physical infrastructure in priority to fulfill the dream of making Lumbini a self-dependent province. A total of Rs 4.83 billion has been allocated for fiscal equalization grant, matching grant, conditional grant and fiscal transfer at local-level through special grant.

The share of fiscal transfer has been proposed to 11.33 percent in the total budget, added Minister Khadka.

(RSS)