KATHMANDU: Switzerland and Nepal on Friday signed an agreement to implement the Municipal Revenue Enhancement Project (MunRev), aimed at strengthening the revenue generation capacity of local government units across the country.

The agreement was signed by Danielle Meuwly, ambassador of Switzerland to Nepal, and Dhani Ram Sharma, joint secretary at the Ministry of Finance.

Under the project, Switzerland will support local government units in improving their own-source revenue systems, helping municipalities enhance public service delivery and respond more effectively to citizens’ needs.

The initiative also seeks to strengthen fiscal capacity, promote transparent and accountable governance, and reinforce local institutions to support sustainable development outcomes.

Officials said the agreement reflects the long-standing development partnership between Switzerland and Nepal, particularly in the areas of governance reform and fiscal decentralization.