Himalaya Diary -Leading News Portal from Nepal, Kathmandu, Asia
  • Home
  • Business
  • News
    • India
    • Nepal
    • South Asia
    • World
  • Education
  • Literature
  • Sports
  • Literary Festival & Event
  • Science & Technology
  • Home
  • Business
  • News
    • India
    • Nepal
    • South Asia
    • World
  • Education
  • Literature
  • Sports
  • Literary Festival & Event
  • Science & Technology
No Result
View All Result
No Result
View All Result
Home Business

Model budget law sent to local governments to enforce fiscal discipline

himalaya Diary News Service by himalaya Diary News Service
December 15, 2025
in Business
0
Nepal minister supports demand to declare country a Hindu state
0
SHARES
4
VIEWS
Share on FacebookShare on Twitter

 

The Ministry of Federal Affairs and General Administration has circulated a model law on economic procedures and financial accountability to all 753 local governments. The law requires local units to justify policies, programs, and budgets based on measurable outcomes and priorities. New capital expenditure projects must now be proposed only after approval of a feasibility study with technical and financial justification. The reform aims to end ad hoc budgeting practices, address concerns raised by the Office of the Auditor General, and promote inclusive budget planning through greater involvement of ward committees and community representatives.

 

Advertisement Banner
Previous Post

Cooperative crisis deepens as committee fails to release Rs 39.93 billion in savings

Next Post

Minister Kulman Ghising warns of contract termination over delayed Rs 95.6 million bridge

himalaya Diary News Service

himalaya Diary News Service

Next Post
Minister Ghising instructs for resumption of Ghumaune Bridge within month

Minister Kulman Ghising warns of contract termination over delayed Rs 95.6 million bridge

Recommended

Sri Lanka’s Economy Stabilised Under IMF Programme: Senior IMF Official

Sri Lanka’s Economy Stabilised Under IMF Programme: Senior IMF Official

1 week ago
Nepal-India relationship is historic, Finance Minister says

Finance Minister calls for collective efforts to withdraw Nepal from FATF Gray List

2 weeks ago

Don't Miss

Nepal: HPV vaccination campaign for girls begins nationwide

Nepal: HPV vaccination campaign for girls begins nationwide

February 8, 2026
Nepal: Air quality deteriorates sharply in Kathmandu Valley

Air pollution in Kathmandu Valley has surged to unhealthy levels today

February 8, 2026
Nepal Police arrested three individualsfor burglary at Balen Shah’s residence

Nepal Police arrested three individualsfor burglary at Balen Shah’s residence

February 8, 2026
President Paudel presses for political stability for prosperity and social justice

President Paudel presses for political stability for prosperity and social justice

February 8, 2026
Himalaya Diary -Leading News Portal from Nepal, Kathmandu, Asia

Copyright © 2025 Himalaya Diary.

Navigate Site

  • About Us
  • Editor In Chief
  • Contact

Follow Us

No Result
View All Result
  • Home
  • Business
  • News
    • India
    • Nepal
    • South Asia
    • World
  • Education
  • Literature
  • Sports
  • Literary Festival & Event
  • Science & Technology

Copyright © 2025 Himalaya Diary.