Nepal Ministry of Finance Slashes Fuel Allowances for Government Officials
Summary
Nepal's Ministry of Finance has reduced fuel allowances for government officials and employees to manage the economic impact of the ongoing fuel crisis and rising petroleum prices.
Key Points
- The Ministry of Finance of Nepal has cut fuel allowances for government officials and employees to protect the economy amid the fuel crisis.
- Finance Minister Dr. Swarnim Wagle approved the reduction following rising petroleum prices and supply shortages in the international market.
- Fuel allowances for secretaries, special-class officials, joint-secretaries, and pool vehicles have been significantly decreased.
- Allowances for offices and vehicles have been revised downward on a sliding scale based on employee numbers and vehicle type.