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.
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.