HomeBusinessBirgunj Metropolitan City unveils budget over Rs 4.423 billion

Birgunj Metropolitan City unveils budget over Rs 4.423 billion

BIRGUNJ:- The Birgunj Metropolitan City has unveiled its budget amounting to Rs 4.423 billion for the fiscal year 2026/27. 

In today’s meeting of the Municipal Assembly, municipal executive member Jagat Saha on behalf of acting Mayor of Birgunj Metropolitan City, Imitiaz Alam, presented the estimated budget for the upcoming fiscal year. 

According to the budget presented, a total amount of around Rs 1.97 billion (44.6 percent) has been allocated towards capital expenditure while Rs 50 million (1.1 percent) towards financial management. 

Likewise, Rs 2.403 billion (54.3 percent) has been appropriated towards recurrent expenditure. 

The revenue sources include Rs 246 million from the federal financial equalization grant, Rs 2.679 billion from the federal conditional grant, Rs 21.364 million from federal revenue sharing, Rs 35.335 million from the provincial government financial equalization grant, Rs 503.572 million from the provincial conditional grant, and Rs 0.441 million from provincial revenue sharing. 

Similarly, the metropolis expects to receive Rs 45.9 million from federal and provincial supplementary special grants, Rs 180 million from local revenue sharing, and Rs 336.65 million from its own income to manage the estimated expenditures. 

Earlier, acting Mayor Alam had presented the metropolitan’s annual policies and programmes for the upcoming fiscal year in the municipal assembly.

The metropolitan city’s policies and programmes for the fiscal year 2083/084 focuses on infrastructure development, forestry and environment, disaster management, economic development, social development, and good governance.

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