Sep 20, Kathmandu- The annual report of National Natural Resources and Fiscal Commission and Public Service Commission has been submitted to President Ram Chandra Paudel.

Finance Commission Chairman Balananda Paudel submitted the annual report of the commission for the financial year 2080/81 to President Paudel in a program held on Friday at Rashtrapati Bhawan Sheetal Niwas. On that occasion, President Paudel said that the role and responsibility of the commission in the implementation of financial federalism is important.

He expressed his belief that the Commission will work in a more orderly, strong and effective manner in accordance with its responsibilities including revenue distribution, financial equalization subsidy, internal debt limit, meeting the expenditure responsibilities of all three levels of government and recommending measures to improve revenue collection under the financial federalism.

Likewise, Public Service Commission Chairman Madhav Prasad Regmi submitted the annual report for the financial year 2080/081 to the President.