Kathmandu Metropolitan City Announces Rs 25.70 Billion Budget for FY 2081/82

HomeNepali Market News

Kathmandu Metropolitan City Announces Rs 25.70 Billion Budget for FY 2081/82

A budget of Rs 25.70 billion has been announced by the Kathmandu Metropolitan City (KMC) for the fiscal year 2081–2082. At the 15th municipal assembly

NIC Asia Bank Announces Auction of 50000 Units Citizen Investment Trust Promoter Shares: Bidding Starts February 13, 2081
Pre-Open Session Update: NEPSE increased by about 8.5 points
IRD Reports 11.3% Increase in Revenue Collection by June 14 of the Current Fiscal Year

A budget of Rs 25.70 billion has been announced by the Kathmandu Metropolitan City (KMC) for the fiscal year 2081–2082. At the 15th municipal assembly meeting, Deputy Mayor Sunita Dangol presented the budget, which was reduced by Rs 170 million from the year before. The budget allocation is as follows:

  • Infrastructure Development: Rs 14.81 billion (61.20%)
  • Administrative Expenses: Rs 3.49 billion (14.44%)
  • Social Sector: Rs 3.81 billion (15.75%)
  • Good Governance: Rs 1.89 billion (7.82%)

An additional Rs 1.50 billion will be collected from land integration projects, increasing the total estimated revenue generation from reserve funds to Rs 24.20 billion. The remaining funds will come from grants from the federal and provincial governments.

You may also like: