Government announces annual budget of Rs. 1,860 billion for 2081/82 BS

By TRN Online, Kathmandu, May 28: The government has unveiled a sum of Rs. 1,860 billion as the annual budget for upcoming fiscal year of 2081/82 BS. 

Of the total budget, Rs. 1140 billion will be spent on recurrent expenses, Rs. 352 billion on capital expenditure while Rs. 367 billion on financial expenditure.

To cover the expenses, the government has expected to collect Rs. 1260 billion as revenue and mobilise Rs. 52 billion as foreign grants. Over Rs. 200 billion will be taken foreign loan and over Rs. 300 billion as internal loan to meet the gap.