KMC unveils budget of Rs 25 billion for next FY, 2023/24

Kathmandu: The Kathmandu Metropolitan City (KMC) has unveiled a budget of over Rs. 25.4 billion for the next fiscal year, 2023/24.

The size of the budget is bigger by around Rs. 140 million than the previous year.  KMC deputy mayor (also coordinator of the budget and program committee) Sunita Dangol presented the budget in City Hall in Kathmandu today.

Over Rs. 8.6 billion has been allocated under current expenditure. More than Rs. 16.9 billion under capital expenditure.

The KMC has accorded high priorities to health, education, and infrastructure development. Over Rs. 7.3 billion has been set aside for infrastructure development, Rs. 1.3 billion for education, and Rs. 926 million for health.

KMC has allocated Rs. 3.8 billion to the pride projects of 10 thematic areas. Rs. 2 billion for projects of 25 thematic areas under the City’s golden plan.

Similarly, Rs. 70 million has been allocated for waste management.

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