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Government Plans Budget Cuts for Production Ministries, Increases for Administration

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The Nepali government is preparing to reduce the budget size and ministry ceilings for the upcoming fiscal year, with significant cuts planned for ministries focused on production and development. Conversely, budgets for administration and security agencies are expected to increase. Ministry secretaries have indicated that the allocated budgets are insufficient for their proposed projects.

• The budget for ministries involved in physical infrastructure, energy, drinking water, and agriculture is slated for reduction.
• The physical infrastructure ministry's budget is projected to decrease by approximately 28 arba to 1 kharba 23 arba.
• The energy ministry faces the largest budget cut, with its ceiling reduced from 83 arba 8 crore to 43 arba 30 crore, nearly halving its allocation.
• Despite budget ceilings set by the Ministry of Finance, ministry secretaries have requested additional funds, citing insufficiency.
• Budgets for administrative and security agencies are planned to increase compared to the current fiscal year.