Bagmati government presents budget of 70.93 billion

Makawanpur, June 15: Minister for Economic Affairs and Planning Shalikram Jammakattel presented a budget of Rs. 70.93 billion for the fiscal year 2022/23 at the meeting of the Bagmati Provincial Assembly today.

In the budget, Rs. 19.24 billion has been allocated for current expenditure and Rs. 41.56 billion for capital expenditure. Likewise, Rs. 8 billion 355.37 million has been allocated for fiscal transfer and Rs. 2 billion for financial management.

The government has given priority to the agriculture, education and health sectors. The budget includes a plan to set up a chemical fertilizer factory, hospital standardization, a kidney transplant service in Hetauda Hospital, and a science and technology university.

The budget includes issues such as job creation, development plans for marginalized communities, and declaring Chepang a protected area. (RSS)