March 17, 2020
for
Created by RSS Nepal

Karnali State’s spending 11 percent in eight months

As in the previous year, Karnali State has not been able to spend more than 11 percent development budget. In the past eight months of the current fiscal year, only 10.89 percent budget was spent. It is both the capital and recurrent expenditure.

It is said the capital expenditure was so low because of the failure of office and employees’ management, and geographical remoteness. The Karnali State had allocated Rs 34.35 billion budget for the fiscal year. Out of which, the spending is Rs 3.74 billion. Similarly, the capital expenditure out of total expenditure is Rs 1.46 billion.

Information to this was shared by the Office of State Auditor. Auditor Man Bahadur Bam shared that the State made the average capital expenditure of Rs 10.89 percent in the recent past months of the current fiscal year.

In this connection, Minister for Economic Affairs and Planning in the State, Prakash Jwala, however claimed that budget spending would be satisfactory this year. "In the past, budget spending was low for not having district level mechanism for State government. But now, the government has set up mechanism in the districts.

Related Posts
Explore more content that matches your interests with these suggestions!
April 11, 2020
for

-Ramesh Giri As the nation remains in a lockdown, 24 truck loaded with coal arrived at various brick kilns of Bhaktapur. They were transporting coal...

Created by RSS Nepal
April 11, 2020
for

Visual editor at Nepal Television Satish Koirala died of cancer on Friday. He was 37. He died at Rajiv Gandhi Cancer Institute and Research Centre...

Created by RSS Nepal
April 11, 2020
for

The government is conducting a thorough study regarding the impact of COVID-19 on Nepal’s tourism sector. Tourism industry in the country is paralyzed owing to...

Created by RSS Nepal
April 11, 2020
for

‘Throat swab’ of over 400 people who returned from different cities of India to Darchula district has been collected. Samples of swabs from total 461...

Created by RSS Nepal