Preparations for upcoming fiscal year budget begins
Summary
The National Planning Commission and Ministry of Finance have begun preparing resource estimates and expenditure limits for Nepal's fiscal year 2083/84 budget, aiming to complete the task by mid-February.
Key Points
- The National Planning Commission has started the budget formulation process for fiscal year 2083/84.
- The National Resource Estimation Committee is exploring possible resources and setting spending limits for the upcoming budget.
- A technical committee is analyzing macroeconomic data from various agencies to assist in resource estimation.
- The budget preparation task must be completed by February 15 as stipulated by law.
