Nepal, July 11 -- 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.

Published by HT Digital Content Services with permission from Republica....