
Rs. 424 Billion Federal Transfers Set for Provinces and Local Governments
The Finance Ministry’s FY 2083/84 transfer book allocates Rs. 424.28 billion to provinces and local levels through equalization, conditional, special and matching grants.

The Finance Ministry’s FY 2083/84 transfer book allocates Rs. 424.28 billion to provinces and local levels through equalization, conditional, special and matching grants.

The Appropriation Bill, 2083 authorizes federal spending for FY 2083/84 and sets rules for budget release, transfers, grants, project implementation and financial discipline.

The government has proposed a bill allowing it to raise up to Rs. 410 billion in public debt for implementing the FY 2083/84 budget.

Nepal and Japan have signed an additional concessional loan agreement worth about Rs. 5.26 billion for the Nagdhunga Tunnel Construction Project.

The Beruju Clearance Monitoring Committee’s annual report says Rs. 39.60 billion in arrears was cleared or adjusted in FY 2081/82, while ministries were asked to clear at least 60 percent of outstanding beruju by Asar 2082.

Finance Minister Dr. Swarnim Wagle presented the budget statement for fiscal year 2083/84 at the joint meeting of the Federal Parliament. The government has announced

The Ministry of Physical Infrastructure and Transport has announced that 20 office-bearers of three public bodies under the ministry have been relieved of their posts under a new ordinance.

The Ministry of Physical Infrastructure and Transport has directed its offices to make public service delivery simple, transparent and free from irregular practices.

The ministry has introduced a detailed code of conduct requiring employees to maintain integrity, neutrality, transparency, discipline and citizen-friendly service delivery.

The government has changed the name of the Ministry of Physical Infrastructure and Transport to the Ministry of Infrastructure Development.