Where Nepal's money actually goes.
A clear, independent reading of the last four federal budgets, every rupee figure traced to the Ministry of Finance budget speech, paired with an honest look at what each budget gets right and where it falls short.
Latest total outlay
Rs 0.000 tn
FY 2083/84
Growth target
0%
for the year ahead
Top income-tax rate
39%
cut from 39%
Capital spending
0.0%
of the budget
The 2083/84 budget
Nepal's largest budget ever at Rs 2.12 trillion, presented by Dr. Swarnim Wagle. A sweeping tax overhaul, a leaner government, a sovereign AI compute centre and a 7 percent growth target. We cover every detail of it.
Total outlay
Rs 2.12 trillion
Growth target
7%
Capital share
20.3%
Top income tax
29%
cut from 39%
Or pick another fiscal year
Each budget gets its own deep dive: the numbers, the priorities, the tax changes, the programs, and a frank verdict on the positives and drawbacks.
A budget that keeps growing
Nepal's federal budget has risen every year, from Rs 1.75 trillion in FY 2080/81 to a record Rs 2.12 trillion in FY 2083/84. But size isn't the whole story: how it splits between day-to-day running costs and actual development matters more.
- 4-year growth
- +21.3%
- Avg. capital share
- ~19%
FY 2080/81 → 2083/84
of total spending
Total budget size, Rs billion
Spending to run the state vs. spending to build it
Recurrent spending (salaries, pensions, grants and interest) has stayed close to 60% of every budget. Capital, or development, spending hovers near 20%. That structural imbalance is the single most important fact in Nepali public finance.
Built for clarity, grounded in the source documents
Every figure is sourced
Headline numbers come straight from the Ministry of Finance budget speeches, cross-checked with national reporting. Each page lists its sources.
Plain language, no jargon
We translate 'recurrent', 'capital' and 'fiscal transfers' into what they actually mean for roads, schools, and your tax bill.
Honest, balanced verdicts
Each budget gets a clearly-labelled independent analysis: what works, where it falls short, and how it could improve.