Fiscal Nepal
First Business News Portal in English from Nepal
ramchandra
KATHMANDU: The annual report of the Auditor General for fiscal year 2081/82 (2024/25) has been submitted to President Ram Chandra Paudel, with concerns mounting over rising fiscal irregularities and weakening financial discipline in public institutions.
The report was formally presented by Auditor General Toyam Raya to President Paudel during a programme held at the Presidential Office, Shital Niwas, on Friday.
Speaking at the event, President Paudel expressed concern over the persistent rise in unsettled audit irregularities (beruju) in government spending, saying the trend indicates weakening accountability, transparency and financial discipline among public institutions.
“Looking at the continuously increasing volume of unsettled government expenditure irregularities over the years, it appears that accountability, transparency and financial discipline in public entities have weakened,” President Paudel said.
He stressed the need for greater responsibility among officials of public institutions to ensure the settlement of audit observations and strengthen fiscal discipline.
“Public officials need to become more accountable in moving toward resolving audit irregularities and maintaining financial discipline,” the President said.
President Paudel also expressed confidence that discouraging irregular government expenditure and enforcing fiscal discipline would help fulfil the younger generation’s aspirations for sustainable peace, good governance, development and prosperity in Nepal.
He noted that issues raised in the Auditor General’s report would further encourage accountability among concerned agencies and stakeholders, helping improve governance standards in the public sector.
“The role of the Office of the Auditor General remains important in reducing the growing amount of unsettled government expenditures and maintaining financial discipline, accountability and transparency,” President Paudel said.
He further stressed the need for the Auditor General’s Office to become more proactive in enhancing its institutional capacity, professional competence and internal governance in the coming days.
The annual report of the Auditor General is considered one of Nepal’s most significant public accountability documents, assessing government expenditure, financial management, compliance and irregularities across ministries, public institutions and state-owned entities. Details of the report, including the volume of outstanding irregularities and sector-wise observations, are expected to be made public following its formal submission.
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