Tuesday, December 23rd, 2025

Govt issues 73-point guideline for budget enforcement



KATHMANDU: The government has issued 73-point guidelines for the enforcement of the budget.

The guideline is for the directive to all ministries, provinces, and local governments.

The Finance Ministry made public the circular that has aimed at frugality in budget spending and effectiveness.

Authority of budget spending, approval of project and allocation, project handover and enforcement, budget transfer, amendment and reporting, fiscal transparency, accountability, and monitoring are the agenda included in the guidelines.

As per the circular, the government bodies which have been allocated the budget for its implementation in partnership, should inform the Finance Ministry and related Comptroller’s Office of the share of the budget and expected results.

Similarly, work procedures for budget implementation should be prepared within this month.

The work procedure should be updated in website within a week after its endorsement.

In case of the work procedure requiring long-term liability, approval from Finance Ministry is made mandatory.

Adoption of two shift work has recommended for the projects of national priority.

Chief of project should be elected based on internal competition for the effective enforcement of project.

Criteria should be made to discourage the transfer of employees assigned as chief of the project during the project term.

But, those failing to score adequate mark in performance evaluation would not be spared.

Any works that are not included in budget must not be entertained.

Finance Secretary Madhu Kumar Marasini informed that the guideline would be useful to meet the liability incurred at the end of the fiscal year.

RSS

Publish Date : 17 July 2024 20:34 PM

Imports worth Rs 359 billion enter Nepal through Birgunj customs in five months

BIRGUNJ: Goods and commodities worth Rs 359.23 billion have been

Pokhara Metropolis to remove roadside workshops, garages from major roads

POKHARA: Pokhara Metropolitan City has announced a plan to remove

Rabi Lamichhane–Balen Shah meeting sparks speculation of political alignment

KATHMANDU: A meeting between Rastriya Swatantra Party (RSP) Chair Rabi

UML holds nationwide joint meeting to disseminate message of 11th national convention

KATHMANDU: The CPN-UML is holding a joint meeting of all

Preparations underway for Budhigandaki ‘A’ and ‘B’ hydropower projects

GORKHA: Preparatory work has begun for the construction of the