April 5 : Minister for Finance and Chair of the Inter-governmental Fiscal Council, Dr Yubaraj Khatiwada, held a video conference on Monday with the Ministers of Economic Affairs and Planning of all the seven States in the lead up to the formulation of the budget estimates for Fiscal Year 2020/21.
He also discussed with them about the impacts of the COVID-19 pandemic on budgetary process, revenue collection and expenditure system.
On the occasion, Minister Khatiwada stressed on the need for effective enforcement of the projects to be run with the conditional grants of the federation. He also said that the State should give priority to the employment creating programmes at the local level.
On the occasion, Chief Minister and Minister for Economic Affairs and Planning of State No. 5 Shanker Pokharel, Minister for Economic Affairs and Planning of State No. 1 Indra Bahadur Angbo, Bijaya Kumar Yadav of State No. 2, Kailash Dhungel of Bagmati State, Prakash Jwala of Karnali and Jhapat Bahadur Bohara of Sudur Paschim State emphasized on the need to give priority to agriculture and health sector while increasing the financial ability of the states. RSS
