KATHMANDU, August 10: A total of 69 local governments have failed to announce their budgets on time this year despite the constitutional provisions that require these sub-national governments to introduce their annual budgets by June 24 (Asadh 10) every year.
KATHMANDU, August 8: The non-gazetted government employees have protested as the salaries of the higher-level employees have been increased haphazardly, contrary to the budget announcement. Nayab Subbas (non-gazetted first class officials) have decided to stay on leave tomorrow (Tuesday) as they are not satisfied with the government's decision.
KATHMANDU, August 8: Earlier, while announcing the budget for the current fiscal year 2022/23, Finance Minister Janardan Sharma had announced that the salary of all government employees had been increased by 15 percent. However, at the time of implementation, the salary of the employees from section officers to secretaries has been increased by 24.5 percent.
KATHMANDU, August 4: The Election Commission (EC) has estimated that Rs 10 billion will be spent for the purpose of holding elections to the Federal Parliament and Provincial Assembly scheduled for November 20.
KATHMANDU, August 1: The Civil Aviation Authority of Nepal (CAAN), which could not spend even half of the budget allocated for it in the last fiscal year, has announced a budget of Rs 41 billion for the current fiscal year.
KATHMANDU, JULY 17: The Parliamentary Inquiry Special Committee formed to investigate former Finance Minister Janardan Sharma has said that it has questioned the engineer related to CCTV of the Ministry of Finance.
GANDAKI, July 15: The Gandaki Province Assembly has passed the appropriation bill, 2079 BS with majority votes. The proposal presented by Minister for Financial Affairs Ramaji Prasad Baral sought the passage of the bill by the assembly.
KATHMANDU, JULY 14: The budget for the fiscal year 2022/23 presented by Prakash Bahadur Rawal, Minister for Economic Affairs of Sudurpaschim Province Government, in the Provincial Assembly meeting has not yet been discussed.
MORANG, July 10: The Biratnagar Metropolitan City has unanimously endorsed the budget for the next fiscal year. The 10th Municipal Assembly meeting of the metropolis held on Saturday passed the policies and programs along with the budget for the next fiscal year.
KATHMANDU, July 6: The main opposition and the ruling parties have agreed to form an 11-member parliamentary probe committee to investigate the role of Finance Minister Janardan Sharma in involving ‘outsiders’ to revise tax rates in the course of the preparation of the annual budget for the fiscal year 2022/23.
POKHARA, July 6: The discussion and deliberation on the annual budget has started in the Gandaki Provincial Assembly after the budget dispute was resolved. Discussions on the budget, which was halted after a dispute between the ruling parties over the budget, began on Monday.
KATHMANDU, July 4: Chairman of the main opposition CPN-UML, KP Oli on Monday demanded the government form a parliamentary probe committee to investigate the involvement of ‘outsiders’ in the drafting of the budget for fiscal year 2022/23.
KATHMANDU, July 4: Members of the National Assembly, the upper House of the federal parliament, have drawn the government’s attention to the problem faced by the farmers due to the shortage of chemical fertilizers. Today, in the special sitting of the Upper House, MP Anita Devkota objected that the budget was spent in an unorganized manner.
KATHMANDU, July 3: The Ministry of Finance (MoF) has refused to provide the CCTV footage of the ministry’s activities on the night before the date of budget announcement, stating that the system at the ministry is capable of maintaining storage of the data only till 13 days of the recording.
KATHMANDU, June 30: Subash Nembang, deputy parliamentary party leader of the main opposition party CPN-UML, has put pressure on Prime Minister Sher Bahadur Deuba to immediately find out the truth about the alleged involvement of unauthorized people in the budget formulation by Finance Minister Janardan Sharma.
LUMBINI, June 30: The Lumbini Province Assembly has passed the budget for the fiscal year, 2079/80 with majority votes on Wednesday. Speaker Purna Bahadur Gharti had presented the budget seeking its passage.
SURKHET, June 26: The local bodies of Karnali have introduced their budgets for the upcoming fiscal year 2022/23, emphasizing road infrastructure. The people’s representatives of the province have said that road infrastructure has been given priority this time as that was necessary for the development and prosperity of Karnali, a province that has a large geography but a low population.
KATHMANDU, June 24: The Kathmandu Metropolitan City (KMC) has allocated a budget of Rs 25.41 billion for the coming Fiscal Year 2022/23. KMC Deputy Mayor Sunita Dangol presented the budget amidst a special function today.
NEPALGUNJ, June 23: Kohalpur Municipality in Banke has put forth its policies and programs for the upcoming fiscal year 2022/23. At the 11th Municipal Assembly, Mayor Purna Prasad Acharya presented the policies and programs while Deputy Mayor Sangita Subedi presented the budget for the upcoming fiscal year 2022/23.
KATHMANDU, June 16: CPN-UML lawmakers have walked out of the meeting of the House of Representatives mid-way, expressing their dissatisfaction over the response furnished by Finance Minister Janardan Sharma at the meeting today.
KARNALI, June 16: The Karnali Provincial government has presented a budget of Rs 32.61 billion for upcoming fiscal year 2022/23. Provincial Minister for Economic Affairs and Planning, Binda Man Bista presented an annual budget with estimated income and expenditure for the upcoming fiscal year in the third meeting of the 10th session of the Provincial Assembly.
KATHMANDU, June 16: Bagmati Province has announced a budget of Rs 70.93 billion for the fiscal year 2022/23, which is Rs 13 billion more, compared to the province’s budget for the current fiscal year. Bagmati Province has allocated Rs 57.72 billion for the current fiscal year.
KATHMANDU, June 15: Minister for Culture, Tourism and Civil Aviation, Prem Bahadur Ale has complained to Finance Minister Janardan Sharma stating that the ministry's budget has been cut by Rs 10 billion.
KATHMANDU, June 12: As deliberations are underway on the expenditure budgets allocated for the Ministry of Urban Development, Ministry of Health and Population, the Office of the National Planning Commission, the Office of the Prime Minister and Council of Ministers and the offices of the President and the Vice-President in today’s session of the House of Representatives, lawmakers have proposed downsizing the budget.
KATHMANDU, June 12: Minister for Culture, Tourism and Civil Aviation, Prem Bahadur Ale has warned the ministers who have been claiming that Nijgadh International Airport will be built that the budget allocated for the construction of the airport is far too inadequate.
KATHMANDU, June 11: The Government of Nepal has come up with a budget to encourage young entrepreneurs in the coming fiscal year, however, the entrepreneurs concerned say that the programs face challenges in their implementation.
KATHMANDU, June 8: The Melamchi Drinking Water Development Committee Employees Union has objected to the government's decision to scrap the committee through the budget statement for the coming fiscal year.
KATHMANDU, June 4: The authorized distributor of BYD EVs in Nepal, Cimex Inc. Pvt. Ltd. has shown concern regarding the recently revised taxation which has resulted in a drastic increase in the prices of EVs sold in Nepal.
KATHMANDU, June 2: The House of Representatives (HoR), the lower house of the Federal Parliament, continued deliberations on the annual estimate of income and expenditure (budget) for fiscal year 2022/23 for the third day today.