Nepal's Ministry of Finance Intensifies Preparations for Fiscal Year 2083/84 Budget

Kathmandu. The Ministry of Finance is intensifying preparations for the upcoming fiscal year 2083/84 budget.

The Ministry of Finance held a revenue consultation meeting on Baisakh 2. Similarly, on Baisakh 3, it held a meeting of the Inter-Governmental Finance Council and thematic committees, resulting in 16 decisions. The Council decided to abolish the provision of 'unallocated' (abanda) budget starting from the next fiscal year. It has been scrapped with the aim of ending the previous trend of allocating 'free budget' without plans or objectives.