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๐Ÿ‡ณ๐Ÿ‡ต Nepal /Economy & Trade

Budget allocates Rs218.30 billion to education sector, prioritises skills and innovation

From Kathmandu Post · () English

Summarized by DistantNews. Read the original for the full story.

At a glance

News Sources not specified New plan
  • Nepal's finance minister allocated Rs218.30 billion to the education sector for fiscal year 2026-27, prioritizing innovation and skills.
  • The budget includes opportunities for Nepalis working abroad to study via Open University and encourages foreign universities to establish campuses in Nepal.
  • A nationwide clean toilet campaign will be launched in educational institutions to improve sanitation and learning environments.

Finance Minister Swarnim Wagle has earmarked Rs218.30 billion for Nepal's education sector in the fiscal year 2026-27 budget. The allocation emphasizes innovation, skills development, and broader access to higher education.

the government would make education from school to university level more innovation-oriented and skill-based.

· Swarnim WaglePresenting the budget at a joint session of Parliament.

Wagle announced that education, from school to university levels, will be geared towards innovation and skill-building. Recognizing Nepalis working abroad, the government will provide them opportunities to pursue studies through the Open University system. Furthermore, the budget aims to attract internationally reputed foreign universities to establish campuses within Nepal, potentially enhancing the quality and diversity of higher education offerings.

Nepalis working abroad would be provided opportunities to pursue studies through the Open University system.

· Swarnim WagleAnnouncing budget plans.

In a move to improve learning environments, a nationwide clean toilet campaign will be implemented across all educational institutions. This initiative highlights a focus on basic sanitation as a component of a conducive educational setting.

internationally reputed foreign universities would be encouraged to establish campuses in Nepal.

· Swarnim WagleAnnouncing budget plans.
About this summary

Originally published by Kathmandu Post. Summarized and contextualized automatically by DistantNews, with a note on how the source frames the story. Not individually reviewed before publishing. How this works.