The government on Thursday announced a budget of Rs 1. 964 trillion for the fiscal year 2025/26.
Unveiling the annual budget at the joint session of the Federal Parliament today, Deputy Prime Minister and Finance Minister Bishnu Prasad Paudel tabled the budget for the fiscal year 2025/26 with the size of Rs 1. 964 trillion.
"For the upcoming fiscal year, Rs 1.180 trillion (60.1%) has been allocated for recurrent expenditure while Rs 489 billion (20.8%) for capital expenditure, and Rs 375 billion (19.1%) for fiscal management," Finance Minister Paudel stated while reading out the annual budget.
The size of the budget for the upcoming fiscal year is higher than 5.6 percent compared to the current fiscal year's allocation and 18.2 percent higher compared to the revised one.
Of the total allocation, Rs 417.83 billion has been allocated for fiscal transfer for the provinces and local governments.
According to the finance minister, Rs 1. 315 trillion would be managed for the revenue collection and Rs 53.45 billion from the foreign grants.
Likewise, Rs 595.66 billion would be managed from loans including Rs 362 billion from internal loans and Rs 233.66 billion from foreign loans, Minister for Finance Paudel announced in the Federal Parliament meeting today.
