CHITWAN, Feb 28: Khairahani Municipality has topped the list in the local level Fiduciary Risk Assessment (FRA) leaving behind all local governments (municipalities and rural municipalities) across the country.
In the assessment conducted by the Ministry of Federal Affairs and General Administration (MoFAGA), Khairahani has secured the top rank with a score of 99 to become the best-performing local government in Nepal.
Mayor Shashi Khaniya said Khairahani Municipality has been able to score the highest marks by meeting the indicators of various thematic areas of assessment.
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Khairahani has scored excellent marks in the areas of planning, budget and program management, implementation capacity and management, accounting and reporting, monitoring, evaluation and audit and revenue management.
The municipality has secured 99 out of 100 full marks. The mayor said the municipality has a track record of securing top position in performance within the district in the previous years, but this year it has been successful in becoming the best municipality across the country.
He said that this municipality has secured the top rank due to less irregularities. "It is difficult to manage everything. If you can manage it and move forward and follow the law, you will be successful”.
In order to make the local level financial system transparent, legitimate and effective, the local level fiduciary risk assessment has been carried out to institutionalize fiscal governance at the local level by mapping potential risk areas of fiscal management and its accounting.
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