KATHMANDU, July 15: The budget submitted by the Kathmandu Metropolitan City to the Municipal Assembly for the upcoming fiscal year 2023/24 passed unanimously on Friday.
KMC Deputy Mayor Sunita Dangol presented a budget of Rs 25 billion for the coming year on June 25 in the Municipal Assembly. The budget was passed when KMC Mayor Balendra Shah presented the budget for decision in the fifth meeting of the Municipal Assembly held on Friday.
The first meeting of the 13th Municipal Council of the metropolis was held on June 21. In the budget of Rs 25 billion brought by the Metropolis, Rs 8 billion and Rs 16 billion have been allocated for capital.
In the meeting called to pass the budget on July 6, the elected representatives of the Nepali Congress protested that there was not enough discussion and that the budget was allocated unilaterally, and it was postponed until July 11. The discussion on the budget, which started on July 11, was completed on Friday and passed by the Municipal Assembly.
KMC has brought a budget of Rs 140 million more for the upcoming year than the current year. Health, education and infrastructure have been allocated with priority in the coming year's budget. The budget of Rs 7 billion has been allocated for infrastructure. A budget of Rs 1.32 billion has been allocated for education and Rs 926 million for health.
As in the current year, issues such as physical infrastructure development, waste management, gender equality and social inclusion, language, culture and heritage preservation and promotion have been included in the budget. KMC has received Rs 2.14 billion from the federal government for the upcoming fiscal year.
Rs 3.80 billion have been allocated for the scheme of Metropolis Pride Project. Under the Metropolis Golden Project, Deputy Mayor Sunita Dangol informed that Rs 1.76 billion have been allocated for the projects received from the ward under the priority plans.