PM vows to amend style of annual policy, programme and budget
Published: 09:24 pm Dec 26, 2023
KATHMANDU, DECEMBER 26
Prime Minister Pushpa Kamal Dahal has announced a shift in the ongoing style of the government's annual policy, programme, and budget from the upcoming fiscal year.
Addressing the nation today to unveil his government's achievements in the past year, the Prime Minister acknowledged that the traditional style of policy and programme had not yielded results and emphasized the adoption of a new approach.
Prime Minister Dahal argued that the traditional method of budget making had failed to allocate funds to priority projects and accurately estimate expenditures, resulting in a direct impact on capital expenditure. 'I plan to move ahead in a new style by changing the system of policy making and budget preparation,' he added.
PM Dahal also revealed that the principles and priorities of the budget for the upcoming fiscal year would be made public in February, with feedback sought from people's representatives and the general public. He stated that policy, structural, and legal measures would be taken with the goal of achieving a double-digit economic growth rate.
The Prime Minister expressed the view that the government is making the best possible efforts, although the journey to development and prosperity thus far has been unsatisfactory.
In his address, he refrained from making claims about the complete success of his government but announced a change in the government's working style through self-review and concern.
Similarly, the Prime Minister declared that he would not attend any public events except for some prescheduled and compulsory ones. His focus will be on new policy and programme, budget preparation, and resolving issues in the areas of development and good governance. 'This will be a departure to change the government's working style. I am making changes to the structure of the Office of the Prime Minister this week,' Dahal stated.