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

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.

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

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.

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

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.

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