KATHMANDU: The Budget Estimation and Limit Determination Committee of Kathmandu Metropolitan City has finalized the budget size for the upcoming fiscal year.
On Friday, a meeting held in Mayor Balendra Shah’s office, including committee member secretary and Chief Administrative Officer Saroj Guragain, decided on the budget limit.
The meeting, which included Deputy Mayor Sunita Dangol and several ward chairpersons, set the budget at NPR 2.51134 billion (25 billion 113.4 million).
The committee determined the budget distribution as follows: 3 percent for the economic sector, 51 percent for infrastructure, 20 percent for social development, 12 percent for good governance and interrelations, and 14 percent for operations and administration.