Budget Speech for FY 2078/79 (Budget for Health Sector) | Nepal

The Government of Nepal has announced its federal budget for FY 2078/79. Here are the key priorities and budget allocated for health sector in Nepal.

Key highlights

• Total allocated budget for health: Rs. 1 Kharba Rs. 22 arba 77 crore.
• NRs 4 billion allocated for procurement of medical equipment required for hospitals for treatment of COVID-19 patients.
• Rs 26.5 billion for procurement of COVID-19 vaccines.
• Government will waive taxes on hospital equipment required for installing oxygen plants.
• Fifty percent subsidy would be provided to all hospitals for installing oxygen plants.
• No taxes on medicines, and no VAT or customs duty on import of COVID-19 related supplies.
• 300-beded hospital in Kathmandu and Infectious disease hospitals in all seven provinces.
• NRs. 7 arba 50 crore is allocated for free health insurance to all the health workers who are working against COVID-19 and other infectious diseases.
• Will update soon….

Recommended Readings

• Guideline for Planning & Budget Formulation in Health Sector
• Budget Speech for FY 2020-21 #Nepal #Budget2077 #Budget2020
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• Public Financial Management (PFM) Strategic Framework
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• Health related Policy and Program for Fiscal Year 2076/77