Fiscal Nepal
First Business News Portal in English from Nepal
swornim wagle parliament
KATHMANDU – The Government of Nepal has outlined the structure of the national budget for fiscal year 2083/84, totaling Rs 2.124 trillion (Rs 21 kharb 24 arba 34 crore), with a significant share allocated to recurrent expenditure and a substantial reliance on borrowing.
Presenting the budget in Parliament, Finance Minister Dr. Swarnim Wagle detailed the spending structure, revenue sources, and financing composition of the fiscal plan.
The total budget has been divided into three major spending categories:
The government has outlined the following sources to finance the budget:
Economists note that the structure reflects a continued challenge in balancing Nepal’s development priorities with growing expenditure pressures and debt obligations. The effectiveness of budget execution, particularly in capital spending, will be crucial in determining economic outcomes for the fiscal year 2083/84.
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