Ministry of Finance
- Office / Body Name
- Ministry of Finance
- Description
Ministry of Finance (MoF)
The Ministry of Finance (MoF) manages Nepal's public finances, budget, and economic policy.
Key Facts
- Presents the annual federal budget in Parliament (constitutionally mandated on Jyeshtha 15 / late May).
- Nepal's fiscal year runs from Shrawan 1 to Ashadh end (mid-July to mid-July).
- Budget for FY 2024/25: Approximately NPR 1.86 trillion.
Key Responsibilities
- Revenue collection (through the Inland Revenue Department and Department of Customs).
- Public debt management and foreign aid mobilization.
- Financial sector policy and macroeconomic regulation.
- Budget allocation and expenditure control.
- Category
- Executive
- Established Year
- 1951