Budget formulation in limbo with NPC vice-chair post vacant Delay in appointment of vice-chairman of National Planning Commission (NPC) — the apex planning body of the government — has hampered the groundwork for budget formulation of the federal government. The federal government must submit the budget... 06 Mar, 2018
NPC to start planning budget for three fiscals from next week Kathmandu, December 3 The National Planning Commission (NPC) — the country’s apex planning body — will begin cost estimation of the programmes that have been submitted by the ministries for next three fiscal years to frame the medium term... 04 Dec, 2017
Programmes in LMBIS get spending authority Kathmandu, July 16 Programmes included in the Line Ministry Budgetary Information System (LMBIS) have been authorised to spend budget allocated to them for this fiscal from today. As per the provision of the budget of fiscal year 2017-18, the... 17 Jul, 2017
New measures to ramp up capex introduced Kathmandu, May 29 In view of the slow capital expenditure, the fiscal budget 2017-18 has taken some steps to improve budget implementation. The District Treasury Controller Offices (DTCOs) have been asked to release budget to the implementation... 30 May, 2017
Government plans to increase capital spending next fiscal Kathmandu, March 11 In the next fiscal year 2017-18, the government’s development budget is expected to hover around Rs 330.64 billion, which is almost a three-fold increase of the capital budget of 2014-15 (before devastating earthquake of April... 12 Mar, 2017
Discussion on budget for next fiscal begins Kathmandu, March 6 The National Planning Commission (NPC) and Ministry of Finance (MoF) held a discussion with various ministries to propose only implementable and effective programmes for next fiscal’s budget considering weak performance in... 07 Mar, 2017
Challenges in budget implementation Selection and allocation are critical in determining if budget is implementable Kathmandu, January 4 Half-way through the fiscal year calendar, the government has spent only 22.54 per cent of the total budget of Rs 1,048.92 billion. The... 05 Jan, 2017
House panel instructs NPC to shorten project approval process Kathmandu, December 8 The Development Committee of the Legislature-Parliament has instructed National Planning Commission (NPC) — the apex planning body of the government — to shorten the programme approval process to authorise line ministries... 09 Dec, 2016
Three ministries yet to submit project roll-out plan to NPC Kathmandu, July 26 Three government ministries that have been allotted 26 per cent of the capital budget of this fiscal year are yet to forward their annual project implementation plans to the National Planning Commission (NPC) for approval. This... 27 Jul, 2016
Housing grant distribution on hold since July 16 Kathmandu, July 25 Grant distribution to the quake survivors has been stalled since the beginning of new fiscal, as the Ministry of Finance (MoF) was slow in authorising National Reconstruction Authority (NRA) to spend the budget earmarked for... 26 Jul, 2016
NRA gets finance ministry�s go-ahead to spend Rs 84bn Kathmandu, July 23 The National Reconstruction Authority (NRA) has been given the permission to spend Rs 84 billion out of the total Rs 142 billion allocated for the reconstruction of earthquake ravaged structures this fiscal, 2016-17. The... 24 Jul, 2016
OPMCM directs ministries to get programmes approved by NPC Kathmandu, July 12 Ministries have been asked to get their programmes of fiscal budget 2016-17 approved by the National Planning Commission (NPC) before the start of the new fiscal to expedite the budget implementation process. Chief... 13 Jul, 2016
