Budget Formulation Process in Nepal | Open Nepal
Normally, the process of budget formulation in Nepal would begin in January and end in July, when the fiscal year starts. However, this year on, in line with the provision of the Constitution of Nepal 2015, the new budget cycle has been moved forward and it will now be presented on constitutionally mandated date of 15th Jestha (May 28). This is expected to provide enough time to disburse funds to the implementing agencies, which has for long been a major cause of delay in conducting planned ...
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