Tortoise speed of budget implementation in Karnali Province: Development expenditure under 20% in 8 months
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.
Express
Related News
Janakpur Cigarette Factory in Pakhai to be reopened
Janakpur. The only cigarette factory in the country, Janakpur Cigarette Factory Limited, which was operating 62 years ago, is in the process of reopening. The Janakpur cigarette factory, which was unfortunately closed due to the political environm...
Here is the foreign currency exchange rate today
Kathmandu. Nepal Rastra Bank has determined the exchange rate of foreign currency for today. For today, the buying rate of one US dollar is fixed at 143 rupees 15 paisa and the selling rate is 143 rupees 75 paisa.
Similarly, the buying...
After the closure of Rasuwagadhi, there has been an increase in activity at the Korla crossing, two billion revenue has been raised in 15 days
Kathmandu. The Mustang Customs Office at Lomanthang-4 Nhechung, located at the Nepal-China Northern Border Crossing Korlana, has collected a revenue of 1.78 billion 44 lakh rupees within 15 days. After the Rasuwagadhi-Kerung crossing was completel...
Heavy fall in the price of gold, now how much per tola?
Kathmandu. The price of gold in the Nepalese market has fallen drastically today. Gold tola has fallen by 3 thousand 800 rupees. According to the Nepal Gold and Silver Traders Federation, the price of gold for today has remained at 290,500 rupees...
Today, NEPSE increased by a normal number, the turnover fell to 8 billion 22 million
Kathmandu. On the second trading day of the week, the NEPSE index increased by 1.53 points to 2695.73. During the day, 1.75 lakh 7776 shares of 330 companies were bought and sold, resulting in a turnover of 8.22 billion 39 lakh shares. Today, whil...
Historic Free Trade Agreement between India and New Zealand
Kathmandu. A new chapter has started in the bilateral trade relations between India and New Zealand from Monday. The two countries have signed a historic free trade agreement. With the agreement, it is expected to bring radical changes in the fiel...



