LALITPUR: The Lalitpur Metropolitan City has unveiled a budget of Rs 7.48 billion for the upcoming fiscal year 2026/27.

The ninth municipal council held under the chairmanship of deputy mayor Manjali Shakya Bajracharya announced the budget with Rs 3.25 billion under current expenditure and Rs 4.23 billion million under capital expenditure.

The budget presented by deputy mayor Shakya attached emphasis on institutional reinforcement and good governance, sustainable infrastructure and urban development, preservation and promotion of art, culture and heritage, access to basic health services and protection of life, employment-oriented and quality basic education.

Other focus in the budget are gender equality, women empowerment and social inclusion, environmental protection, promotion and development of local cooperatives and enterprises, promotion of cultural and religious tourisms, child and disability-friendly behaviour, youth and sports, disaster risk reduction and rescue, employment promotion and poverty reduction through entrepreneurship development, collaboration with the private sector, NGOs and civil society, citizen-friendly and accountable service delivery and guarantee of safe drinking water to each household.

For executing the activities and mobilizing resources for the next year, the metropolis has estimated the receipt of Rs 1.365 billion from the federal government and Rs 176 billion from the Bagmati Province government. The local government estimates the collection of Rs 3.35 billion from internal revenue.

Rs 1.62 billion is expected to be managed through intergovernmental authority. Deputy mayor Shakya informed that Rs 1.47 billion will be ensured from its reserve.

The metropolis had presented the budget of Rs 7.47 billion last year, of which Rs 3.43 billion (51.2 percent) was spent by the end of this mid-June.