KATHMANDU, April 28: Due to increasing pressure on government finances, the government has cut 50 percent of the third installment of the financial equalization grants to be provided to the provincial and local governments.
KATHMANDU, April 14: The government has witnessed a 2.9 percent increment in expenditures than incomes in the third quarter of the current fiscal year, 2022/23. During the period, the budget deficit crossed the Rs 218 billion mark, according to the data with the Financial Comptroller General Office.