July 18, 2024 22:00 pm
KATHMANDU, July 18: The Ministry of Finance (MoF) has stepped up efforts to tighten the noose on unproductive expenditure being made on purchase of new vehicles by the government offices.
June 20, 2024 07:30 am
The recent report from the Financial Comptroller General Office (FCGO) has revealed a stark reality that the government's reserve fund has plummeted to a negative of Rs 204 billion as of mid-June. This fiscal decline, driven by excessive expenditures surpassing low receipts, underscores the urgent need for decisive action to restore financial stability.