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Nepalese Budgetary Glimpse

The timeline of Nepalese budgetary system in ascending order. 



Reader have to keep in mind, the dates or FY metioned below is in B.S. (Bikram Sambat) which is fifty seven years faster than A.D. approximately.

(source of image is internet)

Prime minister under whom budget was firstly introduced
Matrika Prasad Koirala
Finance Minister who announced 1st budget from Radio Nepal amounted cost of Nepalese rupee 5.25 crore
Subharna Shumsher JBR on 21st Magh, 2008 BS
Fiscal year onward altered from starting 1st baisakh to Last chaitra to starting 1st shrawan to last ashad
FY 2009/10 onward
The process of classifying budget according to its performance started in Nepal
FY 2009/10 onward
Public budget of Nepal divided into General and Development budget
FY 2013/14 onward
Budget of Nepal presented in Unitary Currency (Nepali), previously it Indian currency also used to get space in currency circulation from govt. authority
FY 2016/17 onward
Nepal started its program budget
FY 2026/27 onward
Nepal’s 1st profit budget
On FY 2033/34
Budget divided  into running expenditure, capital expenditure and principal payment instead of general and development budget
FY 2061/62 onward



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