Budget-making process

Orientation for local representatives organized in Dolakha

Published On: July 3, 2017 12:50 AM NPT By: Ramesh Khatiwada

DOLAKHA, July 3: The Dolakha district committee of CPN-UML recently organized a two-day orientation on budget-making process to newly elected representatives of different local units of the district. 

Former Nepal Rastra Bank Governor Yubaraj Khatiwada conducted the orientation.

Speaking at the program, he requested the local representatives to prioritize development projects while preparing budget.“

"Now, you are the government. You will bring the budget for your local unit like the finance minister does for the central government. You will have to bring budget by mid-July," he added.

Representatives of newly elected local units are busy preparing budget for the coming Fiscal Year 2017/18. 

He suggested that the local unit make planning for five years while preparing budget for the coming fiscal year“. "But allocate budget only for works that can be completed in a year," he said, asking the local representatives to look for revenue sources in their respective areas.“

"You have to be ambitious in terms of tax and revenue mobilization. Tax and revenue rate should be determined as per the income level of public and according to places and situations," he said, suggesting that supplementary budget could be brought in case the local government faces budget deficit“. "If you face serious problems in terms of financial management midway into the fiscal year, you can also bring supplementary budget to increase tax rates or find other solutions," Khatiwada, who is also the former vice chairperson of National Planning Commission (NPC), added.

He also requested the local representatives to honor the constitution and acts as well as financial rules and regulations while preparing budget. Khatiwada also suggested that the local units to prioritize different groups and communities who are behind other groups and communities in terms of development indicator“. "Don't hesitate to take opinion of economic and financial experts while preparing budget," he added.

Similarly, RC Lamichhane trained the local representatives on how plans can be made for overall development of their respective units. Likewise, Krishna Prasad Sapkota, president of Association of District Development Committees of Nepal gave a lecture on the role of local representatives in the federal system.

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