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Art. 259 · Part 26

NNRFC Functions

NNRFC को कार्य
Original Text

The NNRFC determines fiscal needs of provinces and local governments, recommends revenue sharing formulas, advises on natural resource royalties, and reviews fiscal equalization grants.

💡 Plain Language Explanation

The NNRFC\'s core jobs: (1) calculate how much money each province and municipality needs, (2) recommend revenue-sharing formulas (what % of VAT, income tax, customs goes where), (3) advise on natural resource royalties (hydropower, mining, forests), (4) design equalization grants so poorer provinces like Karnali aren\'t left behind. They\'re the architects of fiscal federalism.

🇳🇵 नेपाली व्याख्या

NNRFC ले राजस्व बाँडफाँट सूत्र, प्राकृतिक स्रोत रोयल्टी र समानीकरण अनुदानको सिफारिस गर्छ।

✅ Strengths

Formula-based distribution is more transparent than political bargaining for funds.

⚠️ Concerns

Formulas are complex and provinces argue they\'re unfair — Karnali wants more weight for geography, Bagmati for population.

Art. 258Art. 260
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