Call for Stronger Coordination to Improve Arrears Settlement and Financial Governance
▸ Part of: Nepal's Government Spends Nearly 60% of Budget, Capital Expenditure Trails at 28%
Authorities have emphasized the need for active participation from all bodies to improve arrears settlement and financial governance, noting that insufficient engagement hindered progress. The Arrears Settlement Monitoring Committee's report highlights that arrears reached Rs 91.59 billion in fiscal year 2080/81, an increase from the previous year. The report calls for enhanced cooperation, strict enforcement of laws, and effective monitoring to reduce arrears and ensure proper use of public funds.
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