Thursday, July 8, 2021

DPM Paudel vows to improve implementation of budget

Kathmandu, July 7

Deputy Prime Minister and Minister for Finance Bishnu Prasad Paudel said on Wednesday that the government would strongly move ahead in executing the budget of the coming Fiscal Year 2021/22.

Speaking at a programme organised to sign Work Performance Agreement on the programmes related to the Ministry of Finance for the coming year, he pledged his full support in the capacity of the Minister for the full and effective implementation of the budget.

“We have a challenge to change the poor budget performance situation witnessed in the past. We need to create a milestone for the future,” he said. “The government presents the budget but fails to implement it. This tendency must not continue in the days to come.”

He expressed his confidence that the execution of the budget of the next fiscal would be expedited from the very first day of the year since the preparations for it have been happening now.

DPM Paudel directed the civil servants to fulfill their responsibility without any flaw.

Finance Secretary Shishir Kumar Dhungana said that the Work Performance Agreement had facilitated in effective monitoring of the projects and programmes as well.

Likewise, Revenue Secretary Ram Sharan Pudasaini also said that the agreement had increased the accountability and responsibility of the authorities and agencies. He emphasised that such agreement should be used to promote competition among the government agencies. They are not just for the publicity, he said.

Financial Comptroller General Madhu Kumar Marasini pledged to complete the announced programmes with the signing of the agreement down to the local level.

The DPM has signed the agreement with the Finance Secretary, Financial Comptroller General, and chief of various divisions and departments.

Published in The Rising Nepal daily on 8 July 2021. 

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