CEO Tab
  • Home
  • Prime News
  • International Market
  • Special Report
  • Corporate
  • Opinion
  • Next Gen
  • Entertainment
No Result
View All Result
CEO Tab
  • Home
  • Prime News
  • International Market
  • Special Report
  • Corporate
  • Opinion
  • Next Gen
  • Entertainment
No Result
View All Result
CEO Tab
No Result
View All Result
Home Prime News

President insists on taking arrears clearance efforts as campaign

CEO Tab by CEO Tab
June 29, 2022
in Prime News
0
Prez Bhandari urges NRN to utilize capital in Nepal

President Bidya Devi Bhandari addresses the 10th global conference of Non-Resident Nepali Association (NRNA) held in Lalitpur, on Saturday, March 27, 2022. Photo: RSS

74
SHARES
1.2k
VIEWS
Share on FacebookShare on Twitter

President Bidya Devi Bhandari said the report of the Office of Auditor General (OAG) indicates the increasing size of arrears, suggesting the need for a campaign to downsize it.

You might also like

MCA-Nepal Completes 18-km Cross-Border Transmission Line to India

NRB Allows Rs 100 Notes to Be Dispensed from ATMs Ahead of Dashain

NRB Expands Risk Management Framework to Cover Climate, AI and Cyber Risks

The Head-of-the-State in her address to the 64th anniversary of the OAG here today underlined the need of fiscal discipline to prevent arrears through a campaign. “Economic fairness will help establish the good governance,” the President said, seeking the attention of all bodies concerned towards that end.

The President insisted on transparency in public finance behaviours, acknowledging the role of OAG report to make the public finance management effective. As the President said, authorities ranging from the federal to local government should take the issues raised in the OAG report seriously. Also speaking on the occasion, Finance Minister Janardan Sharma said the government was effortful to clear arrears and to enhance the fiscal management.

The Ministry was at work to settle the arrears worth Rs 676 billion remained so far, he added. “The issues of arrears clearance has been accorded priority in policies and programmes and budget for the upcoming fiscal year and the OAG will be provided necessary physical and financial assistance for the same.”

She drew the attention of the government to control unnecessary expenditures in foreign trips and be frugal at the time the country was reeling under economic difficulties. Similarly, Auditor General Tanka Mani Sharma (Dangal) shared that report prepared through electronic auditing would be released from this year.

Stating that the OAG could not observe office anniversary due to COVID-19 risks, he shared that a total of seven staffers were awarded this year for their best performance. According to him, separate audit report of COVID-19 would be made public very soon. The OAG had adopted risk-based auditing system from this year, he said.

It was shared that no encouraging works could be accomplished in clearance of arrears this year. The OAG said that cases of irregularities were rife in local level. Effective implementation of OAG report was emphasized for restoration of good-governance.

Deputy Auditor General Ramu Prasad Dotel urged to embrace the issues that would ensure good-governance through the quality work of auditing. The OAG has been auditing of over 6,000 public offices annually.

Share30Tweet19
CEO Tab

CEO Tab

Recommended For You

MCA-Nepal Completes 18-km Cross-Border Transmission Line to India

by CEO Tab
September 15, 2026
0
MCA-Nepal Completes 18-km Cross-Border Transmission Line to India

The Millennium Challenge Account Nepal (MCA-Nepal) has completed construction of an 18-kilometer section of the cross-border electricity transmission line connecting the 400 kV New Butwal Substation to the...

Read more

NRB Allows Rs 100 Notes to Be Dispensed from ATMs Ahead of Dashain

by CEO Tab
September 15, 2026
0
NRB Allows Rs 100 Notes to Be Dispensed from ATMs Ahead of Dashain

Nepal Rastra Bank (NRB) has directed banks and financial institutions to make arrangements for dispensing Rs 100 banknotes through ATMs ahead of the upcoming Dashain and Tihar festivals....

Read more

NRB Expands Risk Management Framework to Cover Climate, AI and Cyber Risks

by CEO Tab
September 15, 2026
0
NRB Expands Risk Management Framework to Cover Climate, AI and Cyber Risks

Nepal Rastra Bank (NRB) has expanded its financial-sector risk management framework to cover emerging threats linked to climate change, artificial intelligence (AI), machine learning, cybersecurity and digital technologies....

Read more

Flydubai to Launch Direct Dubai–Pokhara Flights from September 23

by CEO Tab
September 15, 2026
0
Flydubai to Launch Direct Dubai–Pokhara Flights from September 23

UAE government-owned airline Flydubai will begin operating direct flights between Dubai and Pokhara from September 23, marking a significant development in efforts to expand international connectivity at Pokhara...

Read more

India Approves Extended Power Exports to Nepal Amid Flood-Induced Shortage

by CEO Tab
September 15, 2026
0
India Approves Extended Power Exports to Nepal Amid Flood-Induced Shortage

India has approved the export of up to 654 megawatts of electricity to Nepal for 18 hours a day until December 31, according to media reports, as Nepal...

Read more
Next Post
OPMCM

Government to reduce amount of gold used in medals

Browse by Category

  • Corporate
  • Entertainment
  • Featured
  • International
  • Major Story
  • Next Gen
  • Opinion
  • Prime News
  • Special Report
  • Tete – A – Tete

EDITOR

Manish Raj Poudel
info@ceotab.com
9841317747


PUBLISHED BY

Welcome Group
www.welcomeadnepal.com

Publisher

www.ceotab.com is a premium news portal being run by Welcome Group. The website features quality business/economic news contents,  in-depth profiles of companies, stories of struggle and success of entrepreneurs, articles that assess various dimensions of  the commerce, trade and economy.

Editor

Manish Raj Poudel

info@ceotab.com

9841317747

Sub-Editor

Riza Poudel

poudelriza@gmail.com

Archives

© 2023 CEO Tab. All rights reserved.

No Result
View All Result
  • Home
  • Prime News
  • International Market
  • Special Report
  • Corporate
  • Opinion
  • Next Gen
  • Entertainment

© 2023 CEO Tab. All rights reserved.