KATHMANDU: The government has allocated Rs 105.66 billion rupees to seven provinces under financial transfers.
In the budget for the upcoming fiscal year 2023/24 that Minister for Finance Dr Prakash Sharan Mahat presented in parliament on Tuesday, Karnali received the highest budget, while Gandaki received the lowest. The budget has allocated a total of Rs 16.27 for Karnali Province, while it has set aside Rs 13.70 billion for Sudurpashchim Province.
The government provides funds to provincial governments under four headings: equalization grants, conditional grants, special grants, and complementary grants.
Published On: 30 May 2023
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