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Business & Economy

New budget comes into effect from today

With the beginning of the new Fiscal Year (FY) 2025/26 today (Thursday), the implementation of the budget announced by the government has also officially begun.
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By REPUBLICA

KATHMANDU, July 17: With the beginning of the new Fiscal Year (FY) 2025/26 today (Thursday), the implementation of the budget announced by the government has also officially begun.



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Finance Minister Bishnu Prasad Paudel had unveiled a budget of Rs 1.964 trillion for the current FY on May 29.


The budget has already been approved by both houses of parliament. Although it was passed prior to the start of the new FY, its implementation has commenced from today, coinciding with the official start of the FY.

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