Bagmati Province Government to Streamline Administration and Reduce Budget Before New Fiscal Year
Summary
Bagmati Province government plans to streamline its administration by reducing ministries from 14 to 8 and cutting 701 staff positions before drafting the new fiscal year's budget, aiming for about a 20% reduction in administrative costs and a more transparent budget formulation process.
Key Points
- Bagmati Province government aims to reduce the number of ministries from 14 to 8 and cut 701 staff positions before the new fiscal year's budget formulation.
- The administrative restructuring targets cost reduction, efficient budget spending, and quality service delivery with good governance.
- Budget ceiling for the fiscal year 2082/083 will be set only after finalizing the restructuring, with an estimated 20% reduction in administrative costs.
- A new budget formulation process will involve MPs at the constituency level to minimize middleman influence and ensure project selection transparency.