You are here -allRefer - Reference - Country Study & Country Guide - Nepal >

allRefer Reference and Encyclopedia Resource

allRefer    
allRefer
   


-- Country Study & Guide --     

 

Nepal

 
Country Guide
Afghanistan
Albania
Algeria
Angola
Armenia
Austria
Azerbaijan
Bahrain
Bangladesh
Belarus
Belize
Bhutan
Bolivia
Brazil
Bulgaria
Cambodia
Chad
Chile
China
Colombia
Caribbean Islands
Comoros
Cyprus
Czechoslovakia
Dominican Republic
Ecuador
Egypt
El Salvador
Estonia
Ethiopia
Finland
Georgia
Germany
Germany (East)
Ghana
Guyana
Haiti
Honduras
Hungary
India
Indonesia
Iran
Iraq
Israel
Cote d'Ivoire
Japan
Jordan
Kazakhstan
Kuwait
Kyrgyzstan
Latvia
Laos
Lebanon
Libya
Lithuania
Macau
Madagascar
Maldives
Mauritania
Mauritius
Mexico
Moldova
Mongolia
Nepal
Nicaragua
Nigeria
North Korea
Oman
Pakistan
Panama
Paraguay
Peru
Philippines
Poland
Portugal
Qatar
Romania
Russia
Saudi Arabia
Seychelles
Singapore
Somalia
South Africa
South Korea
Soviet Union [USSR]
Spain
Sri Lanka
Sudan
Syria
Tajikistan
Thailand
Turkmenistan
Turkey
Uganda
United Arab Emirates
Uruguay
Uzbekistan
Venezuela
Vietnam
Yugoslavia
Zaire

Nepal

Regular and Development Budget

After the First Five-Year Plan was introduced in 1955-56, the budget was divided into two parts--regular and development (see table 11, Appendix). In a speech delivered on July 13, 1990, the minister of finance presented a budget with four major objectives: to direct the development programs by eliminating the existing anomalies and by making them more realistic and productive, as well as overseeing their consistency in directly benefiting the deprived community; to rationalize the role of the private sector and the facilities provided by the government; to minimize the increasing hardship faced by the common people; and to start a process of repaying the accumulated financial liabilities of the government. Because the planned expenditures for development were rarely met, the 1990 budget lowered development expenditures to make the plan more realistic.

The 1990 budget allowed for total expenditures of Rs19.8 billion. Revenue was estimated to be just over Rs10.1 billion. The deficit was to be met through foreign grants (Rs2.5 billion), foreign loans (Rs5.5 billion), and domestic borrowing. The budget was not unique in terms of the size of the deficit or its dependence on foreign grants and loans, as this pattern had existed for more than three decades.

Data as of September 1991

Nepal - TABLE OF CONTENTS

  • NEPAL: The Economy


  • Go Up - Top of Page

    Make allRefer Reference your HomepageAdd allRefer Reference to your FavoritesGo to Top of PagePrint this PageSend this Page to a Friend


    Information Courtesy: The Library of Congress - Country Studies


    Content on this web site is provided for informational purposes only. We accept no responsibility for any loss, injury or inconvenience sustained by any person resulting from information published on this site. We encourage you to verify any critical information with the relevant authorities.

     

     

     
     


    About Us | Contact Us | Terms of Use | Privacy | Links Directory
    Link to allRefer | Add allRefer Search to your site

    allRefer
    All Rights reserved. Site best viewed in 800 x 600 resolution.