Ministry of Finance Shifts Focus from Micro-management to Policy and Fiscal Discipline

Kathmandu. The Ministry of Finance has stepped back from the practice of micro-management it was doing as a super-regulatory body in other bodies. The Ministry of Finance has made a significant change in its past working style in the context of the implementation of the federal government's budget.

A comparative study of the guidelines for the implementation of the budgets for fiscal years 2082/83 and 2083/84 clearly shows that the Ministry of Finance is trying to focus only on policy and overall fiscal discipline by abandoning intervention in retail and minor issues.