Biratnagar’s budget size 3.5 billion – Online Khabar

Biratnagar's budget size 3.5 billion - Online Khabar

July 10, Biratnagar. The Biratnagar Metropolitan City is going to bring a budget of Rs 3.5 billion for the fiscal year 2079/80.

The team led by Nagesh Koirala is to bring a budget of Rs 3.5 billion today. Which is about one billion less than the current financial year.

A budget of Rs. 4.60 billion was brought for the current fiscal year. Mayor Koirala of Biratnagar said that the budget would come in the range of Rs 3.5 billion to Rs 3.60 billion.
The metropolis will present the policy and program on Friday. The tax rate will be reduced through the budget.

Koirala, who was elected from the Nepali Congress, had made reducing the tax rate and increasing the scope the main election agenda before the election. His first decision was to form a task force to study tax cuts. According to a metropolitan source, the rate has been adjusted based on the recommendations of the task force.

It is said that there is no big plan in the budget. The budget will be presented after the policy and program is presented on Friday.

Most municipalities today are presenting policies, programs and budgets. Some municipalities have already made public their policies and programs. There is a legal provision that the municipalities have to submit the policy, program and budget by mid-July and pass it by mid-July.

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