World Bank Launches Fiscal Dashboard for Nepal's Public Finance Management

Kathmandu. The World Bank has launched the Nepal Fiscal Dashboard. At a program organized on Thursday, representatives from the World Bank unveiled the dashboard with the objective of providing information related to Nepal's public finance management.

Financial information related to the federal, provincial, and local levels will be available on this dashboard. Key financial statistics can be accessed in an integrated and easy manner on the dashboard. According to the World Bank, data related to the revenue, expenditure, and financial management of the federal, provincial, and local levels will be available on the dashboard. This data can be analyzed from various perspectives. The World Bank stated that the dashboard was prepared after consulting with the government, civil society, and development partners.

Users can access the necessary data by visiting the World Bank's website and using the dashboard. The dashboard allows for the analysis of data related to the budget, revenue, current and capital expenditure, and financial management of various fiscal years.

At the event, Hikmat Bahadur Bhandari, Under Secretary at the Ministry of Finance, mentioned that such a dashboard is very useful and stated that the government is also preparing to build a dashboard related to public finance management. He added that the dashboard will be ready and made public within the next year.

Former Vice-Chairman of the National Planning Commission, Shivraj Adhikari, emphasizing the utility of the dashboard, stressed that it would be useful for stakeholders, policymakers, researchers, journalists, and students. The dashboard can be viewed by visiting the World Bank's website.

World Bank Public Sector Specialist, Yasuhiro Saito, expressed the expectation that the dashboard would be useful for many. He mentioned that the dashboard's manual is also available on the website, making it easy for users, and stated that it would be further refined based on suggestions in the future.