Nepal, Aug. 7 -- The state's law has mandated the local governments to announce their budget by June 24 (Asar 10 of Nepali month) every year but a large number of local bodies are found breaching the state rule on various pretexts.

The Intergovernmental Fiscal Arrangement Act 2017 has asked the village executive and municipal executive to submit the estimates of revenues and expenditures of the following fiscal year in the stipulated time whereas they need to endorse the budget by mid-July.

However, 108 local bodies have not introduced their budgets even one and half months after the deadline, according to the Ministry of Federal Affairs and General Administration (MoFAGA). There are 753 local governments in Nepal comprising six metropo...