Nepal Next · Budget Analysis · Jestha 15, 2083 (29 May 2026)
Nepal Budget 2083/84
Explained Simply.
Presented by Finance Minister Dr. Swarnim Wagle under PM Balendra Shah. RSP's first full budget. Every rupee mapped to every province and district.
Total Budget
Rs 21.4 खर्ब
$16.1B · Rs 2.14 trillion
Per Person
Rs 68,590
Every Nepali's share · Rs 5,716/month
From Taxes
48%
29% is borrowed — from banks and foreign loans
The Big Picture · Plain English
Think of Nepal as one family with 31 million members.
The family earns…
Rs 10.2 खर्ब from taxes — like your family's salary. The rest (Rs 6.2 खर्ब) is borrowed, like taking a loan.
The family spends…
Rs 12.8 खर्ब running the country (salaries, medicine, food). Rs 4.3 खर्ब building new things (roads, schools, hospitals).
The family shares…
Rs 4.5 खर्ब is sent directly to 7 provinces and 753 local governments — so your village mayor can fix roads and run clinics.
The big concern: Only 48% of the budget comes from taxes Nepal collects. The remaining 29% — Rs 6.2 खर्ब — is borrowed. Nepal currently owes more than Rs 28 खर्ब in total public debt. Every Nepali child born today already owes Rs 90,000.
Sector Breakdown
Where your Rs 69,000 per person goes
Education
10.7%
शिक्षा
Rs 2.3 खर्ब
Free school up to Grade 12. Textbooks, uniforms, and midday meals for every child.
Health
4.9%
स्वास्थ्य
Rs 1.1 खर्ब
Free medicines in government hospitals. Rs 15 अर्ब for health insurance. Dialysis at every provincial hospital.
Roads & Infrastructure
9.3%
सडक र पूर्वाधार
Rs 2.0 खर्ब
Finish half-built roads. New highways. Bridges in remote areas. Kathmandu–Terai Fast Track.
Social Security
5.5%
सामाजिक सुरक्षा
Rs 1.2 खर्ब
Monthly allowances for elderly, disabled, single women, and endangered ethnicities. Child nutrition money.
Agriculture
2.7%
कृषि
Rs 57 अर्ब
Rs 2.7 अर्ब for modernising farms. Subsidised seeds and fertiliser. Insurance for crop failures.
Energy & Electricity
3.5%
ऊर्जा
Rs 74 अर्ब
Build more hydropower. Bring electricity to every household. Export power to India and Bangladesh.
Technology & Digital
1.3%
प्रविधि
Rs 28 अर्ब
IT declared a national strategic industry. High-speed internet for 10,000 schools. Startup seed money.
Provinces & Local Govts
21.1%
प्रदेश र स्थानीय सरकार
Rs 4.5 खर्ब
Money sent to 7 provincial governments and 753 local governments to run local schools, clinics, roads.
What's New This Year
5 things that directly affect you
Government workers get 15%+ salary rise
About 90,000 civil servants will earn more. Teachers, nurses, and government doctors included. Minimum basic pay increases. This costs Rs ~30 अर्ब extra.
Free school up to Grade 12 — for every child
Not just primary school. The government now pays for textbooks, uniforms, and midday meals up to Class 12. If your child is in school, this saves Rs 15,000–40,000 a year.
Health insurance expanded — Rs 15 अर्ब pot
Dialysis machines at every provincial hospital. Kidney transplant is now free. More medicines added to the free list. Health insurance target: cover every Nepali family.
IT is now a "national strategic industry"
Tax breaks for tech companies. Seed money for startups. Internet for 10,000 schools. "Remote work" programme so young Nepalis can work for global companies from Nepal instead of migrating.
Focus on finishing roads — not starting new ones
Past governments started hundreds of roads that were never finished. This budget cuts new projects and puts money into completing 23 major highways already under construction.
Province Map · प्रदेश नक्सा
Every province — what they get, who lives there
Provincial grant estimates based on population, area, and fiscal capacity formula. Exact figures update when MoF publishes the Red Book.
Madhesh Province
मधेश प्रदेश · Capital: Janakpur
Fed. Grant
Rs 91.8 अर्ब
Per Person
Rs 14,976
Districts (8)
Bagmati Province
बागमती प्रदेश · Capital: Hetauda
Fed. Grant
Rs 77.8 अर्ब
Per Person
Rs 13,578
Districts (13)
Lumbini Province
लुम्बिनी प्रदेश · Capital: Deukhuri (Rapti)
Fed. Grant
Rs 79.9 अर्ब
Per Person
Rs 15,425
Districts (12)
Koshi Province
कोशी प्रदेश · Capital: Biratnagar
Fed. Grant
Rs 69.1 अर्ब
Per Person
Rs 15,254
Districts (14)
Sudurpaschim Province
सुदूरपश्चिम प्रदेश · Capital: Godawari (Kailali)
Fed. Grant
Rs 58.3 अर्ब
Per Person
Rs 14,835
Districts (9)
Gandaki Province
गण्डकी प्रदेश · Capital: Pokhara
Fed. Grant
Rs 41 अर्ब
Per Person
Rs 17,012
Districts (11)
Karnali Province
कर्णाली प्रदेश · Capital: Birendranagar (Surkhet)
Fed. Grant
Rs 33.1 अर्ब
Per Person
Rs 19,586
Districts (10)
The Hard Truth · कठिन सत्य
Nepal borrows Rs 6.2 खर्ब this year. Here's why that matters.
Rs 28+ खर्ब
Total national debt
This is what Nepal owes to banks, foreign countries, and international organisations. It grows every year.
Rs 90,000
Every child's share of debt
A baby born in Nepal today already owes this much — before they can walk. It was Rs 35,000 ten years ago.
~7 years
Until debt reaches danger zone
IMF analysis suggests Nepal's debt is manageable — if the economy grows at 7%. FM Wagle's plan depends on that growth target.
Sources & Methodology
Budget figures: Finance Minister Dr. Swarnim Wagle's speech to the Federal Parliament, Jestha 15, 2083 (29 May 2026). Total confirmed at Rs 21.4 खर्ब. Sector allocations estimated from confirmed priorities where line-item data not yet published.
Provincial grants: Estimated using Nepal's fiscal equalisation formula: 50% population, 25% area, 15% HDI, 10% fiscal capacity gap. Official per-province figures will be confirmed when MoF publishes the Red Book (Expenditure Estimates).
Debt figures: Public Debt Management Office (PDMO), Nepal. Exchange rate: NPR 133 per USD.
This page will be updated as official data is published. All estimates are clearly marked. Report an error via the corrections form.