GANDAKI PROVINCE GOVERNMENT PREPARES BUDGET FOR FY 2083/4 AMIDST CONCERNS OVER FISCAL DISCIPLINE AND REVENUE SHORTFALL
Summary
The Gandaki Province government is preparing a realistic budget of Rs 28.7 billion for fiscal year 2083/4 amid concerns over declining revenue and fiscal discipline.
Key Points
- The Gandaki Province government is preparing the budget for fiscal year 2083/4 with a ceiling of Rs 28.7056 billion.
- The budget size has been shrinking due to reduced grants from the federal government and decreased internal revenue.
- Lawmakers emphasize making the budget realistic and removing unrealistic domestic debt figures.
- The Policy and Planning Commission prioritizes funding old and incomplete projects to maintain fiscal discipline.