Bagmati Province Government Unveils Rs 64.54 Billion Budget for Fiscal Year 2081/82

The Bagmati Province Government has announced a budget of Rs 64.54 billion for the fiscal year 2081/82 Economic Affairs and Planning Minister Jagannath Thapaliya presented the budget at the province assembly meeting on Saturday, detailing allocations of Rs 26.1 billion for current expenditure and Rs 36.93 billion for capital expenditure. This budget marks an increase of Rs 1.83 billion compared to the current fiscal year's budget.

Minister Thapaliya highlighted that Rs 1.5 billion has been earmarked for fiscal management. The budget allocation is structured as follows: 40.44 percent for current expenditure, 55.23 percent for capital expenditure, and 2.32 percent for fiscal management.

Key priorities in the upcoming fiscal year's budget include the education, health care, agriculture, and tourism sectors. In addition, the province government has declared the upcoming fiscal year as the 'Skill Year,' aiming to enhance vocational training and skill development across the province.