Vision
To ensure effective national resource management through prudent annual development plans and programs and to contain budget deficit at desirable level
Mission
Help implement fiscal policies of Government of Nepal by designing public expenditure plans in order to achieve sustainable and pro-poor economic growth through stable, prudent and sustainable macroeconomic environment.
Strategic Goals, Objectives and Activities
Strategic Goal 1: Achieve allocative efficiency of budget
Activities:
Expected outcome:
After allocating resource in such projects and activities that are found to be economically viable, 'the value for money' could be ensured. It would not only result in high returns to government expenditure but also lead to the crowding in of private sector economic activities.
Strategic Goal 2: Achieve operational efficiency of budget
Activities:
Expected Outcome:
Ensure completion of the projects and activities within stipulated time to avoid cost and time overruns
Strategic Goal 3: Help maintain macroeconomic stability
Activities:
Expected Outcome:
Contain fiscal deficit to the desirable limit to maintain macro economic stability.
Strategic goal 4: Standardize budget classification to recurrent and capital expenditure
Activity:
Expected Outcome
Classification of budget will be simple and comprehensive. Easing preparation of financial reports and National Accounts.
Strategic goal 5: Improve financial management information system (FMIS):
Activity:
Strategic goal 6: Discourage extra and non-budgetary practices.
Activities:
Expected outcome:
Government fiscal operations will be more transparent and comprehensive
Strategic goal 7: Identify new avenues for effective and efficient public service delivery mechanism
Activities:
Expected output:
More effective and efficient public service delivery will be maintain
Strategic Goal 8: Establish linkage between authority and accountability
Activities:
Expected outcome:
It will increase incentives for efficient and effective use of fund, transparent mode of procurement.
Strategic Goal 9: Ensure predictability (both within the same year and from one year to the next) and transparency of budget
Activities:
Expected outcome:
It will broaden planning horizon of line agencies and implementing units from just one year to end of project or activity.
Strategic Goal 11: Discourage incentives to spend everything in the budget early in the year in the case of regular expenditure and in the last hour in the case of development expenditure.
Activities:
Expected outcome:
This would help ensure fiscal discipline