Budget for Fiscal Year 2081/082 to be Announced Today
Author
NEPSE trading
The government is set to announce the budget for the fiscal year 2081/082 today. A joint session of the House of Representatives and the National Assembly has been called for 1 PM to present the budget. Prior to this, a Cabinet meeting will be held to approve the budget. Finance Minister pun is expected to present a budget of around 1.9 trillion rupees.
In the current fiscal year, the government had presented a budget of 1.751 trillion rupees. This year’s budget will include some new programs, reforms, and initiatives to encourage private sector investment. New laws will be introduced to resolve disputes arising from last year's taxes and to better organize tax regulations.
Various measures will be implemented to increase revenue collection and enhance spending efficiency. The new budget is also expected to introduce some new taxes.
The budget will focus on sectors like agriculture, information technology, job creation, and climate change. In line with government policy, the budget will be centered on implementing the 'Decade of Investment in Agriculture' program.
The new budget aims to improve the country's economic situation, create jobs, and uplift citizens' living standards. Government officials view the budget as a crucial step towards economic development.
Today’s budget announcement will set the economic direction for the coming year, and all citizens are watching closely.