Ministry of Finance of Nepal

Ministry of Finance of Nepal

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Last update: May 25, 2023 Last update: May 25, 2023
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Details

Legal residence:Nepal
Organization type:Central / federal government body
Funding agencies:Other
Other
Sectors:Financial Services & Audit, Macro-Economy & Public ...
Financial Services & Audit, Macro-Economy & Public Finance
Nr. of employees:51-200
Sanctions:
Status:
Active

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About

Overall
To contribute to the formulation of an appropriate economic policy and undertake economic policy management.

Specifics

  • Simplify tax system, broaden the tax base and set fair tax rates.
  • Improve the efficiency and effectiveness of tax administration.
  • Pursue efficient, effective and equitable resource allocation policy for the identified prioritised sectors.
  • Strengthen the financial system: financial institutions, instruments, products and markets.
  • Streamline state-owned enterprises and pursue the policy of privatisation.
  • Adapt transparent as well as accountable fiscal and financial information system.
  • Institutionalise effective and efficient incentives system for public sector employees.
  • Pursue self-sustained revenue based public expenditure policies.
  • Institutionalise monitoring and evaluation system for economic management of aid resources.
  • Improve public-private confidence and help create conducive environment for private sector involvement in overall economic development.

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