Government Sets New Salary Scales and 10% Monthly Incentive Allowance for Public Employees

Nepal’s government has approved new salary scales, grade amounts and a monthly incentive allowance equal to 10% of the applicable salary for civil servants, security ...

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. ...

1.706 Trillion Spending Authority Proposed Under Appropriation Bill 2083

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

Rs. 410 Billion Public Debt Plan Tabled to Finance FY 2083/84 Budget

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. ...

Audit Irregularity Clearance Reaches Rs. 39.6 Billion but 60% Target Remains a Challenge

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 ...