Act

National Debts Act, 2026

All laws Acts

Type
Act
Year
२०८३ BS · 2026 AD
Status
In force
Category
खण्ड ६ क
Official text
Official page Official text (PDF)

Analysis drawn from official reports, court rulings and published research, each cited. Figures are being double-checked against the source documents; corrections are welcome.

What does it do?

  • This is the annual borrowing-authorisation Act that accompanies the federal budget for fiscal year 2083/84. It authorises the Government of Nepal to raise domestic public debt to implement its financial proposals for that year.यो आर्थिक वर्ष २०८३/८४ को सङ्घीय बजेटसँगै आउने वार्षिक ऋण उठाउने अख्तियारी दिने ऐन हो। यसले सो वर्षका लागि अर्थसम्बन्धी प्रस्ताव कार्यान्वयन गर्न नेपाल सरकारलाई आन्तरिक राष्ट्र ऋण उठाउने अधिकार दिन्छ। Nepal Law Commission Preamble; Section 1, p. 1
  • The Government may raise national debt of up to Rs 410 billion (four kharba ten arba rupees) in FY 2083/84, on top of repaying any outstanding overdraft at year-end and other outstanding amounts. Overdrafts the Government may take from Nepal Rastra Bank under other laws do not count toward this ceiling.नेपाल सरकारले आर्थिक वर्ष २०८३/८४ मा वर्षको अन्त्यमा तिर्न बाँकी अधिविकर्ष र अन्य बाँकी रकमबाहेक थप रु. ४,१०,००,००,००,००० (अक्षरेपी चार खर्ब दश अर्ब) सम्म राष्ट्र ऋण उठाउन सक्छ। प्रचलित कानूनबमोजिम नेपाल राष्ट्र बैङ्कबाट लिन पाउने अधिविकर्ष रकम यो सीमाभित्र गनिँदैन। Nepal Law Commission Section 2(1), p. 1
  • The Government may authorise Nepal Rastra Bank to convert outstanding overdrafts up to FY 2083/84 into treasury bills. The repayment period and interest rate of debt raised under the Act follow the Public Debt Management Act, 2079.नेपाल सरकारले आर्थिक वर्ष २०८३/८४ सम्मको तिर्न बाँकी अधिविकर्षलाई ट्रेजरी बिलमा परिणत गर्न नेपाल राष्ट्र बैङ्कलाई स्वीकृति दिन सक्छ। यस ऐनबमोजिम उठाइएको ऋणको साँवा–ब्याज भुक्तानी अवधि र ब्याजदर सार्वजनिक ऋण व्यवस्थापन ऐन, २०७९ बमोजिम हुन्छ। Nepal Law Commission Section 2(2)–(3), p. 1

Gaps, loopholes and improvement ideas

None documented in the official reports we have reviewed so far.

Where does it conflict with other laws?

No conflict with another law is documented in the sources we have reviewed so far.

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