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Joint Secretary
Mahendra Man Gurung
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ECONOMIC AFFAIRS AND POLICY ANALYSIS DIVISION
Vision
To provide inputs for improved macroeconomic policy and management
Mission
To provide inputs for improved macroeconomic policy and management
Objectives
- To analyse trends and issues on government revenue, expenditure,
budgetary deficit, price situation, etc.
- To analyse trends and issues on monetary policy, foreign exchange
policy, credit management, etc.
- To develop and recommend policy issues related to financial
sector reform (structure, etc.)
- To recommend measures to improve debt management- domestic and
external
Strategies
- Develop a system to collect information- qualitative and quantitative
generated from relevant agencies.
- Develop computer network for data management.
- Make provision for a documentation unit to make available related
documents.
- Develop information management system on major economic and
financial indicators.
Policies
- Separate the existing one unit into economic analysis unit,
and money and financial analysis unit.
- Strengthen the units with adequate logistics support.
- Identify relevant steps to be undertake and monitor the progress
made in the area of financial sector reform.
- Adequate and timely dissemination of information on economic
and financial issues and trends.
Programmes
- Publish annual Economic Survey.
- Prepare quarterly economic review, consisting of major economic
and financial indicators and circulate the same for internal use.
- Update government debt situation regularly.
- Improve and strengthen corporate and financial governance viz.
revision and formation of Acts, Rules and Regulation.
- Help healthy growth of banking sector and capital market.
Budget
- Allocation of adequate budget for computer networking, Hardware
and Software as well as establishing a documentation unit furnished
with economic and financial documents.
Procedures
- Develop an economic analysis unit equipped with computer network.
- Establish a documentation unit.
- Make available the services of computer specialist to develop
computer network for the initial period.
- Make available the qualified and skilled manpower for economic
review and analysis.
- Coordination and interaction with the concerned agencies for
supplying information and data regularly.
- Publish, circulate the reports/analysis on economic and financial
areas, debt position.
- Continuation of regular administrative works related to money
and banking and financial sector.
Performance
- Revised publication of Economic Survey Report,
- Quarterly publication of economic and financial analysis report,
- Updated debt information and management
- Timely receivable of information and their dissemination,
- Policy formulation and response,
- Improvement in the record management,
- Make aware of the policy issues ,
- Resolve policy and procedure discrepancies quickly,
- Regular interaction with the concerned authorities on the issues.
Monitoring & Evaluation
Monitoring Process:
- Regular meeting
- Application of control mechanism
- Cross verification of the information
Evaluation:
- Impact analysis at a regular internal
- Measuring achievements with the set target
Environmental Scanning
External Forces:
- Concerned authorities/agencies may not provide information/data
in time.
- Regular meeting and interaction may not take place.
- Threat of shifting the responsibilities.
- Chances of non-cooperation.
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©
Economic Affairs and Policy Analysis Division of the Ministry of
Finance, 2002
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