Fuel allowance to Govt. officials reduced by 20%

By TRN Online, Kathmandu, Apr. 18: The Finance Ministry has reduced the fuel allowance facility of the government agencies by 20 per cent.

The decision has been taken in the wake of an increasing trade deficit, decreasing rate of remittance inflow and pressure on the foreign reserve.

A meeting of the Council of Ministers held on April 13 made the decision to reduce the fuel facility to the government agencies by 20 per cent, a press release of the Finance Ministry issued today stated.

With the decision, the government agencies will have to cut the budget for fuel facilities accordingly.

"Different ministries, line agencies and the public/state-owned enterprises will have to slash fuel budget from the remaining budget under the same heading by 20 per cent. This decision is not applicable, however, to development projects, peace and security, essential service and the upcoming local level election," the ministry clarified.