Bagmati, June 15: The Bagmati Province government has made public its annual estimates of revenue and expenditure (budget) of Rs 66.09 billion for the upcoming fiscal year 2026/27.
Minister for Economic Affairs and Planning Prabhat Tamang made the budget public in today’s meeting of the Bagmati Province Assembly.
Minister Tamang said that self-employment and employment will be developed through entrepreneurship by implementing the main policy of “Prosperous Bagmati Campaign: Good Governance, Technology and Production”.
Among the total budget, Rs 22.09 billion has been allocated for current expenditure and Rs 43.09 billion for capital expenditure.
The government has estimated the sources of income to be tax revenue of Rs 30.15 billion, other revenue of Rs 7.73 billion and federal financial transfer of Rs 15.31 billion.
Stating that that Bagmati Province’s annual growth rate is estimated to be 5.40 percent, Finance Minister Tamang said that Bagmati Province’s per capita income is projected to be 2,644 US dollars, the highest among all provinces.
The provincial government has allocated 6 billion rupees for financial transfers to the local levels. #nepal #rss
