Nepal Allocates NPR 7.72 Billion to Ministry of Communication & IT For FY 2082/83
30th May 2025, Kathmandu
In a significant move towards bolstering its digital infrastructure and enhancing cybersecurity, the Nepalese government has earmarked NPR 7.72 billion for the Ministry of Communication and Information Technology (MoCIT) for the upcoming fiscal year 2082/83 (2025/26).
Nepal Allocates NPR 7.72 Billion
This substantial allocation, announced by Deputy Prime Minister and Finance Minister Bishnu Prasad Paudel during the budget presentation on Thursday, signals a strong commitment to technological advancement and national security.
Key Highlights of the Budget Allocation:
The NPR 7.72 billion budget will be strategically utilized across several crucial initiatives:
Cybersecurity Risk Reduction: A primary focus of this budget is the development of essential infrastructure and human resources to mitigate cybersecurity risks. In an increasingly interconnected world, robust cybersecurity is paramount for safeguarding critical data, national interests, and the privacy of Nepalese citizens. This investment aims to build a resilient digital defense system capable of identifying, preventing, and responding to evolving cyber threats.
Completion of Security Printing Center Infrastructure: The allocated funds will also facilitate the completion of infrastructure for the Security Printing Center, paving the way for the initiation of printing operations. This move is expected to enhance national self-reliance in security printing, crucial for official documents, banknotes, and other sensitive materials.
Upgrading Post Offices to Smart Post Offices: Looking ahead, the government plans a phased approach to transform traditional post offices into “smart post offices” under the new fiscal framework. This initiative aims to modernize postal services, integrating digital technologies to offer enhanced efficiency, accessibility, and a wider range of services to the public.
Why This Matters for Nepal’s Digital Future?
This significant budget allocation underscores the Nepalese government’s vision for a digitally empowered nation. Here’s why this is a crucial step forward:
Digital Transformation: The investment in IT infrastructure and human resources is a direct push towards accelerating Nepal’s digital transformation journey. It will foster innovation, improve public service delivery, and create new opportunities in the digital economy.
Enhanced National Security: Strengthening cybersecurity capabilities is vital for protecting Nepal from cyberattacks and ensuring the integrity of its digital ecosystem. This proactive approach will build resilience against emerging threats.
Economic Growth and Job Creation: Investments in technology often lead to economic growth by fostering innovation and attracting digital businesses. Furthermore, the development of human resources in cybersecurity and other IT fields will create skilled jobs for Nepalese.
Improved Public Services: The modernization of post offices into smart post offices will significantly improve convenience and access to a variety of services for citizens, bridging the digital divide and ensuring more inclusive access to governmental and other essential services.
The NPR 7.72 billion allocation to the Ministry of Communication and Information Technology is a testament to Nepal’s commitment to building a secure, digitally advanced, and interconnected future. This strategic investment is expected to yield long-term benefits, contributing to national security, economic prosperity, and improved public services for all Nepalese.
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