KATHMANDU, Oct 20: In an effort to address outstanding liabilities incurred by builders in the last fiscal year 2022/23 due to resource constraints, the government has taken a significant step by allocating six billion rupees for disbursement before the upcoming Dashain festival.
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The Ministry of Finance has confirmed this decision and communicated it to relevant government offices through an official circular. A spokesperson from the ministry stated, "In response to the urgent needs of these builders, the Ministry of Finance has formulated a policy decision to expedite these payments, ensuring that the allocated funds reach the builders' accounts prior to the Dashain festival."
