Budget scraps incentives, additional allowances for govt employees

KATHMANDU: All sorts of incentives and additional allowances given to the government employees have been curtailed from the fiscal year 2023/24, Minister for Finance Prakash Sharan Mahat stated while reading out the new budget at a joint session of the Federal Parliament. Likewise, Minister Mahat announced the dissolution of 20 different boards and development committees as per the recommendation of the Public Expenditure Review Commission, 2075. Likewise, state-owned institutions having similar areas of scope will be merged and adjusted at the province level, Finance Minister Mahat added. Announcing the new budget, the minister said public procurement system will be simplified, e-tender will be prioritised and an integrated monitoring system will be made effective. [gallery columns="2" link="file" size="full" ids="37322,37319"] READ ALSO:

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