July 15, 2026, Wednesday
English

Karnali government failed to spend the development budget, frozen 12.5 billion rupees

Main News Image

Surkhet. Due to the failure of the Karnali state government to spend the budget of the current financial year on time, the budget of more than 12.5 billion rupees has been frozen. According to the Karnali State Controller of Accounts Office, only 61.97 percent of the total allocated budget has been spent in the current financial year.

Out of the tota budget of 33 billion 1936 million 55 thousand rupees, only 20 billion 57 million 12 lakh eight thousand rupees have been used, while the remaining 12 billion 62 million rupees 24 lakh 46 thousand 622 rupees have been frozen in the government fund. Looking at the legislative situation of budget allocation and expenditure, it has been seen that relatively high expenditure on the current side and very weak expenditure on capital i.e. development.

mediabaaji add

Related News

The stock market increased by 33.27 points, turnover above 10 billion

Kathmandu. A significant improvement was seen in the stock market on Wednesday. Today NEPSE index increased by 33.27 points to 2866.87 points, which is an increase of 1.17. In today's trading, when 2 crore 64 lakh 38 thousand shares were bought an...

Appointment of new leadership in the Federation of Transport Professionals, demand to stop uncontrolled foreign vehicles

Kathmandu. The newly elected Central Executive Committee of the National Federation of Nepal Transport Professionals has formally taken charge. A new working committee was installed in a special ceremony held in the capital. The chief guest of the...

Rashtra Bank's request to provide banking services even during Tihar holidays

Kathmandu. Nepal Rastra Bank has requested banks and financial institutions to conduct banking services for customs clearance on days other than Bhaitika. The central bank has written to the banks and financial institu...

The budget is meant to feed the ambitious and wealthy, the target is not met: Former Finance Minister Mahat

Kathmandu. Former finance minister and Nepali Congress leader Dr. Prakasharan Mahat has commented that the budget for the next financial year 2083-84 brought by the government is very ambitious and it has taken a policy to feed the rich class rath...

Increase in the price of petroleum products

Kathmandu. The price of petroleum products has decreased. According to Nepal Oil Corporation, Indian Oil Corporation has reduced the price of diesel and kerosene while increasing the price of petrol. 

The value of the US dollar is at an all-time high

Kathmandu. Nepal Rastra Bank has determined the exchange rate of foreign currency for today. According to the fixed exchange rate, the value of the US dollar has reached its highest point so far. According to the determined exchange rate, the buyi...