Workshop on Strengthening Municipal Finance concluded

The Town Development Fund (TDF), in association with the United Nations Capital Development Fund (UNCDF), organized a one-day Workshop on Strengthening Municipal Finance in Nepal on 5th January 2018 at Part Village Resort, Budhanilkantha, Kathmandu , as a part of joint cooperation between TDF and UNCDF.
The main objective of the workshop was sensitization for enhancement of financial capacity of municipalities for their strengthened capital investment for the improved urban infrastructure and services. The workshop was participated by the mayors, senior engineer/planner and senior finance officers from 9 municipalities namely, Dharan Sub-metropolitan City, , Butwal Sub-metropolitan City, Bhadrapur Municipality City, Dhangadhi Sub-metropolitan City, Hetauda Sub-metropolitan City, Tulsipur Sub-metropolitan City, Mechinagar Municipality, Tansen Municipality and Bhimdatta Municipality.
During the workshop 3 technical papers were presented. Mr. Suresh Balakrishnan, Regional Technical Adviser/UNCDF presented a paper on Non-grant Financing Options for municipalities. Similarly, Mr. Suman Meher Shrestha, BDPM Specialist/TDF, presented a paper on Developing Pipeline Projects for the municipalities. Likewise, Mr. Resta Jha, FM Specialist/ TDF, gave an overview on the process of achieving key result area of enhanced financial capacity of TDF and the municipalities.
The event was also participated by various top level bureaucrats from the Ministry of Finance (MoF) and Ministry of Local Development and Federal Affairs (MoFALD) as resource persons. Mr. Nirmal Hari Sharma, Joint Secretary/MoF, gave an overview on the Inter-governmental Fiscal Transfer to the municipalities in the federal context and Mr. Suresh Adhikari, Joint Secretary/MoF, discussed about the roles and responsibilities of local level government in the changed context of federal structure. Similarly, Dr. Baikuntha Aryal, Secretary / NNRFC, gave synopsis on mobilization of resources, including donor findings for development of urban infrastructure and services.
The inaugural session of the workshop was chaired by Mr. Dhruba Rijal, Chairperson, TDF and the workshop was wrapped up with the concluding remarks by Mr. Maniram Singh Mahat, the Executive Director of TDF.