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A budget is an estimate of income and expenditure for a set period of time. An annual budget has been presented in Nepal since the 1950s, after the end of the Rana Regime. The first annual budget of Nepal was presented in 1951 and covered the period from March 1951 to February 1952. The budgets that have followed the initial one are prepared for the Nepali fiscal year, which runs from July to June.
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