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Saturday Aug 13, 2022

Sudurpaschim province comes up with a budget of Rs 36.74 billion


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2022 Jun 16, 7:28, Sudurpaschim province

The Sudurpaschim province government on Wednesday unveiled an estimated budget of Rs 36.746 billion for the upcoming fiscal year 2022-23.

Presenting the annual budget at today’s meeting of the Province Assembly, Province Economic Affairs Minister Prakash Rawal said the budget appropriated includes Rs 12.295 under recurrent expenditure and Rs 24.147 billion under capital expenditure.

The province government has allocated Rs 1.364 billion for inter-governmental fiscal transfer and Rs 300 million for financial management. As estimated the provincial government will mobilize resources of Rs 2 billion from Inland Revenue, approximately Rs 9.605 billion from revenue sharing, Rs 49.3 million from royalty sharing, Rs 9 billion from fiscal equalization grant and Rs 7.533 billion surpluses to be carried over from the current fiscal year.

Minister Rawal said other estimated resources include Rs 6.988 billion to be received from conditional grant, Rs 765 million to be received from federal matching grant and Rs 797.8 million to be received from the special grant. 

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