KATHMANDU, July 13: Kathmandu Metropolitan City (KMC) has announced a budget of Rs 25.76 billion for the upcoming Fiscal Year (FY) 2025/26. Deputy Mayor Sunita Dangol presented the budget during the 17th municipal assembly meeting on Sunday.
For the previous fiscal year 2024/25, KMC had approved a budget of Rs 24.90 billion.
Of the total estimated income, KMC expects to raise Rs 20.12 billion from internal revenue and bank reserves. Additionally, conditional, equalization, and revenue-sharing grants from the federal and provincial governments are expected to contribute Rs 4.98 billion.
What is missing in budget for agriculture?
The budget prioritizes infrastructure development (51 percent or Rs 12.80 billion), followed by social development (20 percent or Rs 5.02 billion), governance and interrelated areas (12 percent or Rs 3.01 billion), and administrative operations (14 percent or Rs 3.51 billion). Only 3 percent (Rs 753 million) is earmarked for economic development.
Major focus areas include waste management, educational reforms, urban health promotion, employment generation through the “One Ward, One Enterprise” initiative, noise pollution control, management of public transport, and conservation of heritage sites such as temples, ponds, and traditional water systems.
Deputy Mayor Dangol acknowledged the delay in presenting the annual policy and budget due to internal disagreements. She expressed regret over the delay and extended apologies to the public and stakeholders.
Despite the delay, she thanked all representatives and staff for their contribution and emphasized the need for collective effort and coordination with federal and provincial governments to fulfill public expectations and drive Kathmandu’s development.
