KATHMANDU, June 3: Madhav Sapkota, an MP from the CPN (Maoist Center), has called on Finance Minister Barsha Man Pun to create a budget calendar.
Speaking in the House of Representatives on Monday during discussions on the budget for the upcoming fiscal year, Sapkota emphasized the importance of a structured budget calendar for effective implementation and accountability.
IBP Survey ranks Nepal 65th in terms of budget transparency, ac...
Sapkota warned that without a proper budget calendar, efforts might fall into the pattern of "Asare Bikas," a term referring to last-minute, hasty development activities typically seen at the end of the fiscal year. He stressed the need for a system that rewards diligent work and penalizes inefficiency, ensuring that the budget yields the intended results and benefits.
"Even if all of them work properly in the contracting office and whether or not they follow the budget, they get their salaries," Sapkota said, "I see the need for us to make a budget calendar so that if you work, you will be rewarded and if you don't, you will be punished."
