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Nepal’s budget lacks discipline and robust oversight mechanisms

Bigyan Adhikari Kathmandu, Nov 26: Since the 1990s, Public Financial Management (PFM) reform has been a core component of governance reform strategies, aiming to strengthen government revenue, budget allocation, project management, expenditure control, and public–private partnerships. These reforms are expected to improve the investment climate, maintain price stability, and enhance

Government expenditure reached Rs. 1,508 billion in FY 2024/25

In fiscal year 2081/82 (2024/25), the government’s total expenditure amounted to Rs. 1,508 billion. In the previous fiscal year 2023/24,

Half-yearly review of budget: 39% income, 35% expenditures

The half-yearly review of the budget indicates that 39 percent of the targeted income and 35 percent of the projected

Five-month implementation of budget: Expenditure exceeds income

The government announced the total budget for the 1751.31 billion for the current fiscal year and the expenditures till the

Finance Ministry decides to slash 20% recurrent expenses

The Ministry of Finance (MoF) has decided to cut off recurrent expenses as part of its austerity measure. In a