Government Or Public Finance As Major Area Of Finance

The government agencies also have the financial problems similar to the individuals and business firms. The part of finance that deals with the financial activities of the government agencies is known as public finance. It consists of the theories of taxation, issue of government securities, formulation of budget, asset management financial planning and so on. Most of the financial decisions of the private sector are made with a view to maximization of profit or maximization of consumers' satisfaction. On the contrary, the financial decisions in the public sector are made with a view to maximization of social welfare.

In the Nepalese contest we see the government is not stable and their policies are not implemented properly so government financing is not playing a leading role to uplift the economic conditions of the Nepal. To get better economic condition of any country government should finance their funds in the public sectors. The condition of business finance in Nepal is not so good and can be improved

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