Overview of Nepal Budget


Pramod Kumar Swarnkar (Partner)
The Honourable Finance Minister, Dr Yuba Raj Khatiwada presented the annual budget of Rs. 1315 billion (PY Rs.1,279 billion) on May 29th, 2018 for the financial year 2075-76 (2018-19) through Finance Bill, 2075.

This budget has highly prioritized the creation of employment opportunities for the citizens, development of health, education and other social areas, development of agriculture, water resource, tourism and industry sectors, reconstruction of the earthquake and
flood-affected structures, improvement in the quality of public services to the citizens.

The GDP growth is estimated at 8 % (PY estimated 7.2%)and inflation rate at 6.5 % (PY 6%).

The key highlights in the budget outline its effects on the individuals and corporate business entities in Nepal, as well as overseas entities proposing to do business in Nepal.

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