National Planning Commission Begins Consultations for Disciplined Budget Formulation for FY 2083/84
Summary
The National Planning Commission has initiated consultations with various ministries to ensure a disciplined and results-oriented budget formulation for fiscal year 2083/84, prioritizing ongoing projects and transformative strategies aligned with the 16th Plan.
Key Points
- The National Planning Commission has started preliminary discussions with ministries to allocate budgets for ongoing and new projects based on cost-benefit analysis.
- A budget formulation checklist has been prepared to guide ministries in proposing realistic and results-oriented plans for FY 2083/84.
- Ministries are required to submit detailed progress reports, project feasibility studies, and compliance documents with their budget proposals.
- The government emphasizes prioritizing projects that yield quick returns and aligning the budget with the 16th Plan and governance reform agendas.
