Ambitious Rs 2.2 trillion budget to focus on digital growth ajor Reforms
▸ Part of: Nepal's Finance Minister Presents FY 2083/84 Budget Focused on Economic Revitalization
Finance Minister Dr. Swarnim Wagle is scheduled to present the federal budget for the fiscal year 2083/84 in a joint parliamentary session today. The budget, influenced by the Rastriya Swatantra Party's manifesto, is expected to be between Rs 2.1 trillion and Rs 2.2 trillion, despite a current fiscal year deficit. It aims to boost growth and address economic challenges with priorities in governance reform, digital transformation, and IT development, potentially declaring the IT sector a strategic national industry. The budget may also include significant salary increases for civil servants and reforms to reduce political influence in bureaucracy.
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