Cabinet approves FY 2026/27 budget; Finance Minister Wagle to present in Parliament

english.nepalnews.com · 15 hours ago

A Cabinet meeting chaired by Prime Minister Balendra Shah has officially approved the federal budget for Fiscal Year 2026/27. Government Spokesperson Sasmit Pokharel confirmed the approval, after which Finance Minister Dr. Swarnim Wagle presented the budget at a joint session of Parliament. Dr. Wagle notably used traditional attire and a file made of Nepali paper to promote domestic production and a cost-effective presentation, framing the budget as a five-year plan for economic reforms.