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

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.

Express

Related News

What is the exchange rate of which foreign currency on Tuesday?

Kathmandu. Nepal Rastra Bank has determined the exchange rate of foreign currency for today. According to the determined exchange rate, the buying rate of one US dollar is 146 rupees 81 paisa and the selling rate is 147 rupees 41 paisa. Similarly,...

Snow Rivers has received approval from the Securities and Exchange Board for the IPO issue

Kathmandu. Snow Rivers Limited has received permission from Nepal Securities Board for IPO issue. The board has given permission to the company for the IPO issue on Sunday, January 18th. With the permission of the board, Snow Rivers will now...

Question to the Minister of Finance: What source of income did you see and are you going to increase the salary of the employees?

Rusha Thapa

Kathmandu. More than five years have passed since cooperatives, microfinance, and finance collapsed. Now the crisis has started to appear in the bank as well. It has been the same time that the country has been in economic recess...