Finance Ministry Holds High-Level Consultations for Fiscal Year 2083/84 Budget

Summary

The Ministry of Finance held high-level consultations on preparing the fiscal year 2083/84 budget amid public financial challenges, emphasizing good governance and realistic prioritization.

Key Points
  • Finance Ministry held a high-level discussion on preparations for the fiscal year 2083/84 budget.
  • Finance Secretary Dr. Ghanshyam Upadhyaya noted facilitation for budget reallocations within ministries and policy clarity on multi-year contract agreements.
  • Finance Minister Dr. Swarnim Wagle highlighted the financial crisis with mandatory obligations exceeding revenue collection and called the upcoming budget a collective test.
  • The budget will prioritize good governance, economic growth, private sector promotion, IT expansion, green development, infrastructure, and upliftment of the underprivileged.
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