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

CPN (UML) Chair KP Sharma Oli unveils e-bulletin of party’s mouthpiece

CPN-UML Chair KP Sharma Oli dismisses 10-point deal between Gen-Z movement and interim government

3 months ago
Indian govt gifts 61 vehicles to Nepal as part of the assistance sought by the Govt of Nepal for Election

Indian govt gifts 61 vehicles to Nepal as part of the assistance sought by the Govt of Nepal for Election

2 months ago

Don't Miss

China Congratulates Nepal on Federal Parliament Election

China Congratulates Nepal on Federal Parliament Election

March 21, 2026
President Paudel calls for fulfilling people’s mandate of nation-building

President Paudel calls for fulfilling people’s mandate of nation-building

March 21, 2026
Trump administration announces AI policy framework covering safety and growth

Trump administration announces AI policy framework covering safety and growth

March 21, 2026
Kathmandu Valley records drop in minimum temperature

Rains, storm in Kathmandu Valley

March 21, 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.