Kathmandu. Madhes Province has presented a budget of over Rs 41 billion for the fiscal year 2083/84.

Finance Minister Yubaraj Bhattarai presented a budget of Rs 41.13 billion for the coming fiscal year 2020-21. The budget for the coming fiscal year is 13 percent less than the current fiscal year. The government had presented a budget of Rs 46.58 billion for the current fiscal year.

The government has allocated Rs 14.66 billion or 35.94 per cent of recurrent expenditure and Rs 26.47 billion (64.36 per cent) for capital expenditure.

The government will collect Rs 11.22 billion in internal revenue, Rs 12.83 billion as revenue sharing, Rs 9.49 billion as fiscal equalization and Rs 6.08 billion in cash reserves last year.