SANN News
The government has initiated a formal process for preparing the budget for the upcoming fiscal year 2083/84. The Ministry of Finance has formed a committee for budget writing. The ministry has formed a 5-member committee under the coordination of Uttar Kumar Khatri, Chief of the Revenue Management Division, to write the budget. The heads of various divisions of the Ministry of Finance have been selected as members in the formed committee.
The members of the committee include Dr. Suman Dahal, Chief of the Budget and Program Division, Dr. Dhaniram Sharma, Chief of the International Economic Relations Division, Mahesh Bhattarai, Chief of the Economic Policy Analysis Division, and Sevantak Pokharel, Chief of the Fiscal Federalism Coordination Division.
This committee will mainly provide necessary suggestions for the annual policies and programs of the upcoming fiscal year and facilitate the prioritization of projects and programs to be implemented.
According to the Ministry of Finance, this team will also draft the principles and priorities of the Appropriation Bill to be presented in both houses of the Federal Parliament. This committee has also been tasked with preparing and submitting the final draft of the budget statement to be presented to Parliament by the Finance Minister.
