९७७-१-४२११६७३ / ९७७-१-४२११८७३ info@moud.gov.np

Nepal’s urban population of the 217 municipalities, echoing the regional scenario, has swelled from 23% (2011) to 42% (2015), showing encouraging trends of urbanization and economic development prospects in the country. The rapid urbanization has created an annual financing gap of about NPR 1 billion (draft National Financing Strategy 2016). This calls for the Fiscal space at sub national level need to be enhanced in coming years. It not only increases the resilience of economies at Sub National (province and local) level, but also mobilizes domestic resources for urban infrastructure development and increases opportunities for domestic private sector growth and competitiveness through integration of local, regional and national value chains.

Final_National Conference on Municipal Finance- Dec 20
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