September 30, 2026, Wednesday
English

Tortoise speed of budget implementation in Karnali Province: Development expenditure under 20% in 8 months

Main News Image

Surkhet. Even though the Karnali state government has passed the two quarter period of the current financial year, it has not been able to show encouraging results in the implementation of the budget. After the end of 8 months of February of the financial year 2081, 82, the development budget of the province is very disappointing. Since the provincial government could not spend even 20 percent of its total capital budget during this period, the development and construction works were often seen at a standstill. According to the State Controller of Accounts Office, the Karnali State Government has spent only 19.64 percent of its development budget, i.e. Rs.

The government had announced the annual budget of 32 billion 99 crore 66 lakh 55 thousand rupees for the current financial year. However, even after two-thirds of the year is over, there is still a budget balance of 26 billion 51 million 566 thousand 434 rupees in the government's treasury. This has raised serious questions about the province's financial management and ability to implement plans.

mediabaaji add

Related News

The new interest rate of commercial banks for the month of Baisakh has been announced, who's how much?

Kathmandu. The new interest rates announced by the commercial banks for the month of April have indicated a slight decline in deposits. Compared to Chait, the average interest rate of both personal and institutional deposits has decreased in Baisa...

2nd Economic Enumeration, five days training for enumerators across the country from today

Kathmandu. A five-day training program for the enumerators selected for the second national economic census, 2082, to be conducted by the National Statistics Office, is starting simultaneously across the country from today. Enumerators are going t...

Apollo Hydropower's IPO to the public

Kathmandu. The IPO sales manager Himalayan Capital, which was opened to the general public by Apollo Hydropower Limited from 26th Chait to 2nd Baisakh, has been distributed today. The company had issued a total of 780 thousand 200 IPO shares to th...

Extensive changes in the tax system by the government through the budget: Abolition of some taxes and fees

Kathmandu. With the aim of providing relief to citizens and businessmen through the budget of the next financial year, the Government of Nepal has canceled some of the taxes and fees imposed in the past and has significantly reduced some of them....

The price of gold decreased, now how much per tola?

Kathmandu. The price of gold has decreased in Nepali market today. Gold tola has fallen by 200 rupees. According to the Nepal Gold and Silver Traders Federation, today gold is being bought and sold at 3 lakh 1 thousand 500 rupees per tola. Today,...

Chumchet Syar Khola hydropower project was built in Chilime

Kathmandu. The government has granted power generation permits to three more hydropower projects. The Power Development Department under the Ministry of Energy, Water Resources and Irrigation has granted power generati...