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Started 1 day ago · Updated 10 hours ago

Nepal's Cabinet Approves Fiscal Budget for FY 2026/27; Finance Minister to Present in Parliament

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Nepal's Cabinet has approved the national budget for the fiscal year 2026/27 during a meeting held at Singha Durbar. Finance Minister Swarnim Wagle briefed the Cabinet on the proposed budget and is scheduled to present it in Parliament later today. Prime Minister Balen Shah is also expected to attend the parliamentary session.

  • The budget for fiscal year 2083/84 (2026/27) was presented in a traditional Nepali paper file, breaking from the past practice of using a briefcase.
  • The government is reportedly preparing a budget exceeding 20 trillion rupees, an increase from the National Planning Commission's ceiling of 18.90 trillion rupees.
  • The government is also planning to introduce internship opportunities in public offices through the upcoming budget.
  • Prime Minister Balen Shah reached the Parliament building at 4:05 PM, amidst prior criticism regarding his absence from parliamentary sessions.

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Swarnim Wagle Singha Durbar Balen Shah National Planning Commission

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