Bagmati Province Unveils Rs. 67.47 Billion Budget for FY 2025/26

Bagmati Province has announced a budget of Rs. 67.47 billion for the Fiscal Year 2025/26. Minister for Economic Affairs and Planning, Kundan Raj Kafle, presented the budget during the provincial assembly session on Sunday evening.

Although Minister Kafle initially mentioned the budget size as Rs. 76 billion, he later corrected the figure, clarifying the actual allocation. The misstatement caused brief confusion in the assembly.

The budget allocates Rs. 26.04 billion (38.6%) for recurrent expenditure and Rs. 41.43 billion (61.4%) for capital expenditure.

In terms of ministry-wise distribution, the Ministry of Physical Infrastructure Development received the highest allocation at Rs. 24.80 billion. This is followed by Water Supply, Energy, and Irrigation (Rs. 7.28 billion), Social Development (Rs. 4.35 billion), Health (Rs. 3.96 billion), Culture and Tourism (Rs. 3.67 billion), and Forests and Environment (Rs. 3.99 billion). Other allocations include Rs. 2.63 billion for Agriculture and Livestock, Rs. 1.16 billion for Youth and Sports, Rs. 870 million for Labour, Employment, and Transport, Rs. 770 million for Industry, Commerce, and Land Administration, Rs. 620 million for Internal Affairs and Law, and Rs. 250 million for Cooperatives and Poverty Alleviation.