KATHMANDU, Jan 8: The Ministry of Finance has formed four committees to improve the budget system. Under the leadership of three under secretaries of the Budget and Program Division, the Ministry has formed committees to provide suggestions on the work to be done to improve the budget system.
KATHMANDU, Nov 7: Even though the Ministry of Finance announced to have paid the arrears of the builders for the last fiscal year to the four development ministries, the builders have not received the payment as per the instructions. The Ministry of Finance issued a circular to all the four Development Ministries on October 18 and instructed them to pay the pending dues.
KATHMANDU, May 25: The Line Ministry Budget Information System (LMBIS) has been closed during the preparation of the budget for the upcoming financial year 2023/24.