BUTWAL: Province 5 has unveiled a budget of Rs 36.35 billion on Monday for the fiscal year 2020/21.
Out of the total allocated budget, Rs 12.59 billion (34.64 percent) has been allocated for current expenditure, Rs. 18.61 billion (51.22 percent) for capital expenditure and Rs. 5.145 billion for financial management.
The budget was presented by the Chief Minister and Minister for Economic Affairs and Planning Shankar Pokharel at the province assembly meeting held at 3 pm on Monday.
The budget aims to collect Rs 2.37 billion from internal revenue, Rs 11.34 billion from revenue sharing, Rs 88.56 million from royalty allocation, Rs 17.63 billion from financial equalization, Rs 5.88 billion from conditional grant and Rs 483.33 million from the supplementary grant.
Last year, Province 5 had brought a budget of Rs 36.41 billion.
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