HETAUDA, May 3: The fiscal equalization grant (FEG) allocated for the local governments in Makwanpur for the fiscal year 2023/24 has been reduced.

KATHMANDU, March 24: The National Natural Resources and Fiscal Commission (NNRFC) has proposed the fiscal equalization grant to be provided to the provinces and local governments in the upcoming fiscal year 2081-82 BS (2024-25) and recommended its implementation to the federal government. The grant is to be sourced from the Federal Consolidated Fund.