Nepal's Fiscal Federalism Weak, Province Budgets Lag Behind Federal Budget

Kathmandu. All three tiers of government in the country are currently in the budget process. Federal and provincial governments are in the process of passing budgets. Among the local levels, some have already presented their budgets, while others are in the process of doing so.

According to the constitutional provision, the federal government must present the budget for the upcoming fiscal year to a joint meeting of both houses of the federal parliament on Jestha 15. Similarly, provincial governments must present their budgets for the upcoming fiscal year by Asar 1, and local governments by Asar 10.