Pokhara: The Pokhara Metropolitan City has unveiled its annual budget of Rs 8.35 billion for the fiscal year 2082/83 BS. Deputy Mayor Manju Devi Gurung presented the budget during the 17th municipal assembly of the metropolitan city on Sunday.
According to National News Agency Nepal, the budget outlines an estimated revenue of Rs 3.13 billion from federal conditional grants, Rs 330.08 million from federal revenue sharing, and Rs 528.7 million from the federal equalization grant. Additionally, Rs 0.815 million is expected from the province equalization grant. Deputy Mayor Gurung also mentioned that the internal revenue is projected to be Rs 5.22 billion, with Rs 1.1 billion from local revenue sharing and Rs 32.8 million from province revenue sharing.
The budget proposal prioritizes green, resilient, and sustainable infrastructure development, along with tourism promotion. It emphasizes environmental protection, preservation, solid waste management, and aims for inclusive, balanced, and equitable development. Furthermore, it focuses on institutional development, promoting good governance, and ensuring quality service delivery for the residents of Pokhara.