April 18, 2024, Thursday
Nepal 1:37:26 pm

Fin. ministry forwards a proposal to cut Govt. fuel consumption

The Nepal Weekly
April 12, 2022

Finance Minister Janardan Sharma has said that a proposal to cut the fuel allowance for government employees by 20 per cent has been forwarded to the Council of Ministers. The finance ministry made the decision in view of the need for reducing the consumption of petroleum products in view of the ongoing economic crisis.

“Considering the present situation and the need for adopting economic measures, we have decided to slash the fuel consumption in the government agencies except for security, election, development and other essential services by 20 per cent, and we have sent the proposal to the Cabinet,” Finance Minister Sharma said during a press conference on Monday. The decisions related to discouraging imports of luxury goods, the establishment of an investment fund for the workers abroad to increase remittance and a system of reservation in IPO and FPO for those working abroad have also been forwarded to the Cabinet for approval, he informed.