Khairahani municipality tops list in local level Fiduciary Risk Assessment

Chitwan, Feb 28: Khairahani municipality has topped the list in the local level Fiduciary Risk Assessment (FRA) leaving behind all local governments (municipalities and rural municipalities) across the country. 

In the assessment conducted by the Ministry of Federal Affairs and General Administration (MoFAGA), Khairhani has secured top rank with 99 scores to become the highest performing local level in Nepal. 

Mayor Shashi Khaniya said Khairhani municipality has been able to score the highest marks by meeting the indicators of various thematic areas of assessment. 

Khairhani has scored excellent marks in the areas of planning, budget and program management, implementation capacity and management, accounting and reporting, monitoring, evaluation and audit and revenue management. 

Khairhani municipality has secured 99 out of 100 full marks. He said the municipality has a track record of securing top position in performance within the district in the previous years, but this year it has been successful in becoming the best municipality across the country. 

He said that this municipality has secured the top ranking due to fewer irregularities. "It is difficult to manage everything. If you can manage it and move forward and follow the law, you will be successful”. 

He said that this result has been achieved by understanding the sentiments of the political parties and the people. 

To make the local level financial system transparent, legitimate and effective, the local level fiduciary risk assessment has been carried out to institutionalize financial governance at a local level by mapping potential risk areas of financial management and its accounting. (RSS)