Finance Minister instructs to increase capital expenditure
Deputy Prime Minister and Finance Minister Bishnu Prasad Paudel have instructed the Ministry secretaries to increase capital expenditure and reduce current expenditure.
KATHMANDU, MARCH 19: The Nepal Chamber of Commerce (NCC) has urged Finance Minister Barsha Man Pun to ensure policy provisions to create employment and increase production by making higher capital expenditure. A team of the NCC led by its President Rajendra Malla met Finance Minister Pun yesterday and called for policy provisions to increase production […]
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KATHMANDU: Finance Minister Bishnu Prasad Paudel has instructed the Ministry secretaries to increase capital expenditure and reduce current expenditure. Minister Poudel stressed giving special priority to capital expenditure and resorting to strict revenue management. He urged the concerned authorities to spend the allocated funds under all the headings only on the same heading, discourage the […]
Deputy Prime Minister and Finance Minister Bishnu Prasad Paudel has instructed the Ministry secretaries to increase capital expenditure and reduce current expenditure.
Finance Minister Janardan Sharma has said that it would not good to always press the Finance Secretary for ramping up capital expenditure. He said this during a review meeting on the capital expenditure so far in the current fiscal year.
He also suggested that maybe it was time that government bodies changed their existing system to ensure that things got done faster.
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Finance Minister Janardan Sharma has expressed displeasure over meagre capital expenditure. He stressed the need for adopting a new system to increase spending.
The post Finance minister’s discontent over meagre capital expenditure appeared first on OnlineKhabar English News.
KATHMANDU, Jan 10: Finance Minister Bishnu Prasad Poudel has urged the National Association of Rural Municipalities in Nepal and Municipal Association of Nepal to create an environment to increase capital expenditure at the local level.