Nepal, March 4 -- The government has directed that only projects registered in the project bank be included in the budget for the upcoming fiscal year 2025/26. The Ministry of Finance issued this directive while offering inputs on budget preparation under Section 8(1) of the Financial Procedure and Fiscal Responsibility Act, 2076 BS.

The Ministry of Finance's guidance states that only projects entered into the National Planning Commission's project bank should be included when proposing projects. The guidance specifies, "When proposing new projects and programs, include only well-prepared, quality projects that are deemed feasible through cost-benefit analysis." The Ministry of Finance, which has started preparing the budget based on the...