Economy

Government Reverses Decision, Releases Rs 16.99 Billion Fiscal Equalization Grant to Local Governments

KATHMANDU: The government has decided to provide local governments with a fiscal equalization grant worth Rs 16.99 billion for the fiscal year 2023/24. This decision, made during a Cabinet meeting on Monday, reverses an earlier decision to withhold the remaining grant funds due to a shortfall in revenue collection....

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