Budget 2023/24

Govt to disburse Rs 105.66 billion to provinces

Himal Press 30 May 2023
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Govt to disburse Rs 105.66 billion to provinces

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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