15pc pay hike for civil servants,King, royals to receive no allowance in Rs 170b budget

Report By Prem Khanal

KATHMANDU, July 10 – In yet another blow to the embattled monarchy, Finance Minister Ram Sharan Mahat has removed the state allowance for the king and royal family in the budget he is slated to table in the interim parliament Thursday.
The budget will, however, arrange for the perks and allowances of over 700 royal palace staff and other essential expenses like maintenance and security. The government had this year allocated Rs 32.7 million as allowance for the king, queen, crown prince, crown princess and the queen mother.

Minister Mahat is proposing an annual budget of around Rs 170 billion and a 15 percent rise in government employees’ salaries, but there will be no major tax changes.

According to government sources, the upcoming budget will earmark over Rs 100 billion under the recurrent heading — mainly a regular expenditure — which is 13.6 percent higher than this year’s revised estimate. “Constituent Assembly poll and increase in government employees’ salary are the two major factors that swelled the recurrent expenditure,” said the official.
Continue reading 15pc pay hike for civil servants,King, royals to receive no allowance in Rs 170b budget

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