Kathmandu. The government has released the ‘Citizen Budget’ for the current fiscal year so that the general public can easily understand. The Ministry of Finance has released the Citizen Budget booklet through its website with the slogan ‘Our Taxes, Our Budget, Our Future’.

The Citizens’ Budget is not a new budget but a document presented in simple and easy-to-understand language of the budget for the current fiscal year released on May 29. The Ministry has said that the booklet has been prepared with the objective of informing the citizens about the schemes, programs, tax provisions and government expenditures included in the budget.

Finance Minister Dr. Swarnim Wagle has said that the citizen budget is important to make the state’s expenditure and budget allocation process transparent and accountable. According to him, the booklet presents the budget priorities, tax provisions and development goals in a language that the general public can understand.

The civic budget outlines six phases of budget making, responsibilities and timelines of the agencies concerned in these phases. In addition, good governance, policy reforms, public service delivery, economic targets, public debt and sources of income of the government are also included.