Finance Minister Paudel launches revenue model

KATHMANDU:  Deputy Prime Minister and Finance Minister Bishnu Prasad Paudel launched the 'revenue model' in the local reserve fund management system at Financial Comptroller General Office (FCGO), on Sunday. With the revenue model in place, it is believed that fiscal reports would have uniformity, convenience in service delivery and frugality in spending, thereby contributing to fiscal discipline. The revenue model has come into full operation at Dhulikhel Municipality. It will be enforced at other local levels gradually, according to the OCG. Launching the revenue model, Finance Minister Paudel hoped it would promote capacity of the local levels. He urged the OCG and its subordinates to involve in creative works in addition to the daily work routines. He also directed the internal auditing and public account system to be more effective. On the occasion, Revenue Secretary Ram Prasad Ghimire said it is essential to search the dormant accounts of government bodies and recovery of government amount made in time. The revenue model will be helpful to this end, he expected. Finance Secretary Toyam Raya also praised the development of the revenue model. (With inputs from RSS) READ ALSO:

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