The Government of Nepal has unveiled the national budget for the fiscal year 2082/83, totaling Rs. 1.96 trillion. This year’s budget outlines key allocations for recurrent expenses, capital development, and debt repayment, while also projecting revenue sources and remittance inflows. Here’s a detailed breakdown of Nepal’s updated economic indicators.
Total Budget
Rs. 1.96 trillion
Increase of 5.6% compared to last year’s budget of Rs. 1.86 trillion
Budget Allocation:
Expenditure Type | Amount (in Rs.) | Percentage |
Current (Recurrent) Expenditure | Rs. 1.18 trillion | 60.1% |
Capital Expenditure | Rs. 407.89 billion | 20.8% |
Debt Repayment | Rs. 375.24 billion | 19.1% |
Transfer to Provinces/Locals | Rs. 417.83 billion | Included in above items |
Sources of Financing:
Source | Amount (in Rs.) |
Revenue Collection | Rs. 1.31 trillion |
Foreign Grants | Rs. 534.50 billion |
Foreign Loans | Rs. 233.66 billion |
Domestic Loans | Rs. 362 billion |
Latest Economic Indicators
Inflation Rate (as of Mid-February 2025)
- Overall Consumer Price Inflation: 4.16%
- Food and Beverage Inflation: 4.95%
- Non-food and Services Inflation: 3.74%
The inflation rate decreased from 5.01% in the same period of the previous fiscal year.
Deflation:
- Nepal is not in a deflationary phase; inflation is present but controlled.
- No significant negative inflation (deflation) reported recently.
Remittance Inflows
Period | Amount | Growth |
First 7 months of FY 2081/82 | Rs. 900.58 billion | 7.3% increase |
In US Dollars | $6.65 billion | 5.3% increase |
