Highlights of Budget 2080/81 2023/24
The government has proposed a budget of Rs 17.51 Kharba for the fiscal year 2080/81.
Out of Rs. 1.751 trillion, it is allocated Rs 1.141 trillion (65.20%) for recurrent expenditure, Rs 302.07 billion (17.25%) for capital expenditure, and Rs 307.45 billion (17.55%) for debt financing. Similarly, Rs 408 billion has been allocated for transfer to the provinces and local bodies.
The budget plans to generate Rs 1.248 trillion through revenues, Rs 49.94 billion through foreign grant and generate the remaining amount of Rs 452.75 billion through foreign loans (Rs 212.65 billion) and domestic borrowing (Rs 240 billion).
In summary,
Total Budget: Rs 1.751 trillion
Recurrent Expenditure: Rs. 1.141 trillion (65.20%)
Capital Expenditure: Rs. 302.07 billion (17.25%)
Debt Financing: Rs. 307.45 Billion (17.55%)
Transfer to provinces and local bodies: Rs. 408 Billion
Source of budget:
Revenues: Rs. 1.248 Trillion
Foreign Grant: Rs. 49.94 Billion
Foreign Loan: Rs. 212 Billion
Domestic Borrowing: Rs. 240 Billion
Expected Growth Rate: 6%
Expected Inflation Rate: 6.5%
#highlightsofbudget #nepalbudget #budget2080/81 #budget2023/24
0 Comments