Madhesh Province Government Plans Budget Reduction for Next Fiscal Year
Summary
The Madhesh Province government plans to reduce the upcoming fiscal year's budget to a maximum of 32 billion rupees, focusing on implementable projects and improving transparency in fund allocation to local levels.
Key Points
- Madhesh Province government is preparing a smaller budget of up to 32 billion rupees for the next fiscal year, down from 47 billion rupees.
- The new budget strategy emphasizes practical, implementable projects over large budget sizes.
- Projects under one crore rupees will generally be excluded to discourage small and fragmented projects.
- A new policy will ensure local level project payments are processed through the provincial government to increase transparency and efficiency.
