National Natural Resources and Finance Commission Recommends Over NPR 151 Billion in Fiscal Equalization Grants for Provinces and Local Levels

Kathmandu. The National Natural Resources and Finance Commission has recommended to the government to allocate grants amounting to NPR 151.7078 billion under the Fiscal Equalization Grant heading for the upcoming fiscal year to the provincial and local levels.The Commission recommended allocating NPR 61.5032 billion for provincial governments and NPR 90.2046 billion for local governments as fiscal equalization grants.The Commission makes recommendations for the fiscal equalization grants that the Federal Government provides to provincial and local governments in accordance with the provisions of Article 60 of the Constitution of Nepal 2072, the National Natural Resources and Finance Commission Act 2074, and...