Government to scrap 31 public bodies, restructure 18 in major cost-cutting drive

english.nepalnews.com · 1 day ago

The government has announced a sweeping administrative reform under the new federal budget, aimed at reducing state expenditure and improving efficiency. Presenting the budget for fiscal year 2026/27, the Finance Minister Dr Swarnim Wagle said 31 public bodies will be dissolved and 18 others will be restructured as part of a broader effort to streamline government operations. The plan also includes cuts in unnecessary posts across government offices, with officials estimating savings of around Rs 20 billion in recurrent spending.