DistantNews
Support us
Dharan City Approves Annual Budget of Rs 2.76 Billion
๐Ÿ‡ณ๐Ÿ‡ต Nepal /Economy & Trade

Dharan City Approves Annual Budget of Rs 2.76 Billion

From OnlineKhabar English · () English

Translated from English, summarized and contextualized by DistantNews.

At a glance

News Sources not specified New plan
  • Dharan Sub-Metropolitan City approved an annual budget of Rs 2.76 billion for the current fiscal year.
  • The budget prioritizes road networks, infrastructure, water supply, education, healthcare, tourism, agriculture, employment, and disaster management.
  • Revenue will be collected from local sources, federal grants, provincial grants, and revenue sharing, with a deposit from the previous fiscal year.

Dharan Sub-Metropolitan City has passed its annual budget of Rs 2.76 billion for the current fiscal year. The 19th municipal assembly approved the budget, which emphasizes building road networks and physical infrastructure, drinking water supply, education, healthcare, tourism facilities, agriculture, employment creation, and disaster management.

Acting Mayor Ayindra Bikram Begha presented the budget, allocating Rs 2.47 billion to the municipal executive and Rs 287 million to the 20 ward offices. Begha outlined the revenue collection plan, expecting Rs 1.40 billion from the sub-metropolitan city itself. Additional funds will come from federal grants (Rs 862 million), provincial government grants (Rs 91.6 million), revenue sharing (Rs 328.89 million), and the Road Board (Rs 10 million).

Rs 1.40 billion in revenue will be collected from the sub-metropolitan city and Rs 862 million will be received from federal grants; Rs 91.6 million will be received in grants from the provincial government, Rs 328.89 million from revenue sharing and Rs 10 million from the Road Board.

โ€” Ayindra Bikram BeghaActing Mayor of Dharan Sub-Metropolitan City detailing the budget's revenue sources.

The city also has a financial cushion, with a deposit of Rs 70 million carried over from the last fiscal year, according to Acting Mayor Begha. This financial planning aims to support the city's development and service provision across various key sectors.

the city has a deposit of Rs 70 million from the last fiscal year

โ€” Ayindra Bikram BeghaActing Mayor of Dharan Sub-Metropolitan City highlighting the city's financial reserves.
DistantNews Editorial

Originally published by OnlineKhabar English in English. Translated, summarized, and contextualized by our editorial team with added local perspective. Read our editorial standards.