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Nepal unveils $9-bn budget with focus on reconstruction

world Updated: May 29, 2016 07:33 IST

KATHMANDU: The Nepal government on Saturday unveiled the first budget drawn up since the country introduced a new constitution last September, with a focus on funding earthquake reconstruction and reviving the battered economy. Finance minister Bishnu Prasad Poudel outlined a $9.78 billion budget, allocating over $1 billion to rebuilding efforts, while directing funds for infrastructure development and agriculture across the country.

First Published: May 29, 2016 07:33 IST