Current year of budget with amendment reduced to 87.38 percent, the budget 17.51 ​​trillion reduced to 15.30 billion

February 12th, 2024

Kathmandu : Finance Minister Dr. Prakasharan Mahat said. The government revised the budget for the current year by reducing the revised estimate of income and expenditure from 17 trillion 51 billion to 15 trillion 30 billion rupees. Due to the fact that both the budget expenditure and income targeted by the government cannot be met through the budget of the current year,

Minister Mahat has reduced 87.38 percent of the total budget allocated for the current year and revised it. According to which the total of expenditure will be 15 trillion 30 billion.

According to the revised budget, current expenditure has been reduced to 88.84. Similarly, the estimated total expenditure of expenses has been revised by reducing it to 84.13. Similarly, it is estimated that 87.39 will be spent on the financial side.Finance Minister Mahat clarified. The government has revised the budget because the revenue collection for the budget is not as per the target.

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