KMC unveils Rs 18.95 billion budget

NL Today

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Kathmandu: The Kathmandu Metropolitan City (KMC) has unveiled a budget of Rs 18.95 billion for the Fiscal Year 2021/22 with the slogan ‘Cultural City, Kathmandu Metropolitan’.

Deputy Chief Hari Prabha Khadgi (Shrestha) presented the budget at the ninth municipal assembly on Thursday.

The budget has proposed Rs 3.75 billion for office operation and administration, Rs 550 million for economic development, Rs 2.70 billion for social development, Rs 10.80 billion for infrastructure development, and Rs 1.15 billion for good governance and inter-related sectors.