Rs 1.7 billion KMC budget unveiled

Kathmandu, September 7:

The Kathmandu Metropolitan City (KMC) today presented a proposed budget of Rs 1.7182 billion for the fiscal year 2062/63 BS (2005/06). Presenting the budget at the meeting of the municipal council, executive head of the KMC Surya Prasad Silwal said this year’s budget has given priority on decentralisation of authority to wards, earthquake-proof buildings, effective waste management and public-private partnership for development, among others.

The proposed budget has allocated 17.61 per cent for general expenditure, 21.12 per cent for environment and waste management, 51.93 per cent for urban infrastructure development, 1.63 per cent for public health, 3.49 per cent for heritage conservation and tourism development, 0.94 per cent for the development of information and communication and 0.94 for other reforms.

Addressing the inaugural function of the municipal council meet, Minister for Local Development Khadga Bahadur GC said the KMC should lead all other municipalities of the nation. He stressed the need for effective implementation of plans and programmes saying poor implementation of plans was the major reason for the poor outcome of development plans in the country. “As all the places within the KMC are not equally developed, KMC should equally distribute resources to all parts of the city,” he said. Last year, KMC had presented a budget of Rs 1.51 billion, out of which only Rs 824.54 million was spent. Asked Silwal said the KMC would implement the decision not to allow parking at the core city areas in order to reduce traffic congestion in those areas.

As per the long-term plan of the KMC, New Road and Thamel would be gradually made vehicle-free zones while parking areas at other congested areas including Durbar Marga would be gradually shifted to new parking spaces, which would be constructed at spacious areas.

The KMC has already made parking space mandatory while constructing any commercial building. Silwal said the Dhobikhola Corridor Reform Project would be implemented from this fiscal year. He also said KMC would revise service charges on waste management and other services and increase the charges by as high as 50 per cent.