Stories Tagged 'Finance ministry'
The Finance Ministry has ruled out the possibility of introducing a supplementary budget immediately for the current fiscal year as hinted by Nepal Communist Party (NCP) Co-chairman Pushpa Kamal Dahal.
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The Finance Ministry and Investment Board Nepal (IBN) are preparing laws that may conflict with each other, giving a fine example of lack of coordination between government agencies. While IBN is working to amend the Investment Board Act, the Finance Ministry has prepared a draft Public Private Partnership (PPP) Act to regulate the board’s operation.
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Provincial governments that have allocated budget for constituency development programme can use funds provided by the centre except resources allocated under conditional grant, the Finance Ministry has said.
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Finance Minister Yubaraj Khatiwada has underscored the need for strengthening the country's public financial management system for transparency, accountability and effectiveness in the use of public funds.
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Commenting on the principles and priorities of the Appropriation Bill for the upcoming fiscal year, the Members of Parliament have suggested the government take into account the ground reality while formulating new budget.
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The Securities Board of Nepal (Sebon) said Thursday it had started talks with the Finance Ministry to reduce taxes on share trading in a bid to boost the flagging stock market.
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