Provincial budgets suffer federal neglect

As the central government significantly reduces fiscal transfers, federalism remains as undermined as ever.

The seven provinces of Nepal will present the budget for FY 2024-25 on June 15 as per the mandate of the Intergovernmental Fiscal Arrangement Act 2017. The provinces are in a critical situation at the moment, as many of them are unstable. Over the past year and a half, the provinces have seen altogether 21 chief ministers and 23 floor tests.