Budget Highlight 2080/81

The minister of Finance, Dr. Prakash Sharan Mahat announced the Budget of Nepal for Fiscal Year 2080/81 after
approval of the cabinet meeting in the joint sitting of the federal parliament on 2080 Jestha 15 as 29 Ma 2023.

Budget allocati on 2080/81

Current Expenditure Rs Current Expenditure Capital Expenditure Financial Management

1,141.78 Billion

Financial Man-
agement
18%

Budget
Rs 1,751.31
Capital Expenditure
Billion
Rs 302.08 Billion
Capital Expenditure
17%
Current Expenditure
65%

Financing Provision Rs
307.45 Billion

Source of Financing
 Source of Budget 2080/81

Internal Debt
14%

Revenue
Rs 1,248.62
Foreign Debt
Billion

Rs 1,751.31 Billion
12%
Foreign Loan Rs
212.75 Billion

Budget
Budget Deficit Rs
Foreign
Grants
452.75 Billion
3%
Domestic Loan Rs
240 Billion
Foreign Grant
Revenue Col-
lection
71%
Rs 49.94
billion

Source of Financing
Budget Priorities
• Budget:
Development of agriculture, energy and tourism sector.
Promotion of Investment, Industrial development and Trade balance.
Development of social areas and social security.
Quality physical infrastructure development.
Promotion of digital and green economy.
Environmental protection and disaster management
Human resource development and creation of employment.
Improvement of Financial Sector.
Streamlining financial integration and improvement in service flow
Improvement in the public financial system.
Economic situation
• Economic growth rate for the FY 2023-24 is estimated to be 2.16% whereas the inflation
rate for 9 months of the current fiscal year is at 7.76%.
• The balance of payments is Rs 180.17 in savings up to 13 April 2023 (Chaitra end 2079) and
the foreign exchange reserves are seen to be sufficient to cover 11 months of goods import and 9.4
months of goods and service imports
• Remittance flow has increased by 24.2 % up to mid- April 2023 (Chaitra end 2079) and has
reached Rs 903 billion.
• Government expenses are expected to be Rs 1,504.99 billion whereas revenue collection is
expected to be Rs 1,179.84 billion during the current fiscal year, which is a 9.95% increment as
compared to the previous year
• Government expenses are expected to be utilized as follows:
Area Rs in Billion % utilization
Current Expenditure 1,043.39 88.18
Capital Expenditure 258.34 67.91

Financial 203.26 88.29

Management