Stories Tagged 'Finance ministry'
The Finance Ministry said it had approved additional funding of Rs700 million to restart the stalled Gautam Buddha International Airport project.
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The Finance Ministry holds the number one spot in the list of non-paying tenants at Tribhuvan International Airport with more than Rs548 million in outstanding rentals.
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The Finance Ministry has agreed to provide Rs3 billion to the Agriculture Ministry to import extra chemical fertiliser to make up for reduced purchases necessitated by a stronger US dollar and price hike in the global market last year. But the exchequer will only give the money if the subsidy is slashed and a distribution plan is submitted.
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The Office of the Auditor General (OAG) has asked the public enterprises that have their accounts unaudited for years to complete the task by mid-February next year.
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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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