Govt issues 73-point guideline for budget enforcement

The government has issued a 73-point guideline for the enforcement of the budget. The guideline is for the directive to all ministries, province and local governments.

The Finance Ministry made public the circular that has aimed at frugality in budget spending and effectiveness.

Authority of budget spending, approval of project and allocation, project handover and enforcement, budget transfer, amendment and reporting, fiscal transparency, accountability, monitoring are the agenda included in the guidelines.

As per the circular, the government bodies which have been allocated the budget for its implementation in partnership, should inform the Finance Ministry and related Comptroller's Office on the share of the budget and expected results.

Similarly, work procedures for budget implementation should be prepared within this month. The work procedure should be updated on the website within a week after its endorsement.

In case of the work procedure requiring long-term liability, approval from the Finance Ministry is made mandatory.

Adoption of two shift work has been recommended for the projects of national priority.

Chief of the project should be elected based on internal competition for the effective enforcement of the project. Criteria should be made to discourage the transfer of employees assigned as chief of the project during the project term. But those failing to score adequate marks in performance evaluation would not be spared.

Any works that are not included in the budget must not be entertained.

Finance Secretary Madhu Kumar Marasini informed that the guideline would be useful to meet the liability incurred at the end of the fiscal year.