{"id":2058,"date":"2026-05-31T02:45:07","date_gmt":"2026-05-31T02:45:07","guid":{"rendered":"https:\/\/english.bankingkhabar.com\/?p=2058"},"modified":"2026-05-31T02:47:04","modified_gmt":"2026-05-31T02:47:04","slug":"nepal-unveils-rs-2-124-trillion-budget-for-fiscal-year-2026-27","status":"publish","type":"post","link":"https:\/\/english.bankingkhabar.com\/?p=2058","title":{"rendered":"Nepal Unveils Rs 2.124 Trillion Budget for Fiscal Year 2026\/27"},"content":{"rendered":"

\"\"<\/a>Banking Khabar \/<\/strong> The Government of Nepal has unveiled a Rs 2.124 trillion budget for the upcoming fiscal year 2026\/27, outlining an ambitious spending plan aimed at supporting economic growth, infrastructure development, and fiscal stability.<\/p>\n

Presenting the annual budget before a joint session of the Federal Parliament, Finance Minister Dr. Swarnim Wagle announced a total expenditure estimate of Rs 2.124 trillion (Rs 2.12434 trillion)<\/strong> for the next fiscal year, marking a notable increase from the Rs 1.964 trillion<\/strong> budget allocated for the current fiscal year.<\/p>\n

Budget Allocation<\/h3>\n

Of the total budget, the government has allocated:<\/p>\n

    \n
  1. Rs 1.270 trillion<\/strong> for recurrent (current) expenditures, covering administrative operations, public services, salaries, social security, and other routine government spending.<\/li>\n
  2. Rs 431.10 billion<\/strong> for capital expenditure, which will finance infrastructure projects, development programs, and long-term investments.<\/li>\n
  3. Rs 422.64 billion<\/strong> for financial management, including debt servicing and other financial obligations.<\/li>\n<\/ol>\n

    Funding Sources<\/span><\/strong><\/h3>\n

    To finance the ambitious expenditure plan, the government has projected a combination of revenue generation, foreign assistance, and borrowing.<\/p>\n

    The government expects to collect Rs 1.405 trillion in revenue<\/strong> during the fiscal year. In addition, it anticipates receiving Rs 61.74 billion in foreign grants<\/strong> from development partners.<\/p>\n

    To bridge the remaining financing gap, the government plans to mobilize substantial domestic and external borrowing. The budget estimates include:<\/p>\n

      \n
    1. Rs 247.28 billion in foreign loans<\/strong><\/li>\n
    2. Rs 410 billion in domestic borrowing<\/strong><\/li>\n<\/ol>\n

      Overall, the government has announced that approximately Rs 657.29 billion<\/strong> of the required resources will be managed through various borrowing arrangements.<\/p>\n

      Focus on Growth and Fiscal Management<\/span><\/strong><\/h3>\n

      The budget comes at a time when Nepal is seeking to revive private sector confidence, stimulate investment, and accelerate economic activity amid ongoing challenges in the banking sector and slower-than-expected capital spending.<\/p>\n

      With a larger budget envelope than the current fiscal year, the government aims to balance development priorities with fiscal discipline while investing in infrastructure, employment generation, digital transformation, and private-sector-led growth.<\/p>\n

      The new budget is expected to play a pivotal role in shaping Nepal\u2019s economic trajectory in the coming year, as policymakers seek to strengthen economic resilience and create a more investment-friendly environment.<\/p>\n","protected":false},"excerpt":{"rendered":"

      Banking Khabar \/ The Government of Nepal has unveiled a Rs 2.124 trillion budget for the upcoming fiscal year 2026\/27, outlining an ambitious spending plan aimed at supporting economic growth, infrastructure development, and fiscal stability. Presenting the annual budget before a joint session of the Federal Parliament, Finance Minister Dr. Swarnim Wagle announced a total […]<\/p>\n","protected":false},"author":1,"featured_media":2060,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[12],"tags":[],"class_list":["post-2058","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-banner"],"yoast_head":"\nNepal Unveils Rs 2.124 Trillion Budget for Fiscal Year 2026\/27 - Bankingkhabar<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/english.bankingkhabar.com\/?p=2058\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Nepal Unveils Rs 2.124 Trillion Budget for Fiscal Year 2026\/27 - Bankingkhabar\" \/>\n<meta property=\"og:description\" content=\"Banking Khabar \/ The Government of Nepal has unveiled a Rs 2.124 trillion budget for the upcoming fiscal year 2026\/27, outlining an ambitious spending plan aimed at supporting economic growth, infrastructure development, and fiscal stability. 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