Tortoise speed of budget implementation in Karnali Province: Development expenditure under 20% in 8 months
-
Media Baaji
- Sun, 22 March 2026
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
24 crore cardamom sale from Lamjung
Lamjung. This year, an income of Rs. 243.3 million has been received from the sale of cardamom seeds in the district. According to Hari Bahadur Mizar, Agriculture Officer of National Agricultural Modernization Project Implementation Unit Lamjung,...
Normal point increase in NEPSE, turnover fell to 3.42 billion
Kathmandu. On the third trading day of the week, the NEPSE index increased by 3.27 points to 2584.49. During the day, 7668 thousand 915 shares of 328 companies were bought and sold. Today, while the share price of 134 companies increased, the shar...
Construction of two hydropower projects of 84 megawatt capacity in Rahughat of Myagdi has been completed
Kathmandu. Tundi Power Company has simultaneously constructed two hydropower projects on the Rahughat River that flows through Raghuganga Rural Municipality of Myagdi. Ghuganga Rural Municipality-4, 7 and 8 Ward No. 4, 7 and 8 of the two projects...
Shikhar Power Development Limited releasing IPO for general public from February 17th
Kathmandu. Shikhar Power Development Limited is going to open the initial public issue IPO from February 17. The company has announced that it is going to issue a total of 18 lakh 42 thousand 600 ordinary shares to the general public. Out of the t...
The government's decision to give tax exemptions to China
Kathmandu. The government has decided to provide tax exemptions for the purchase and export of necessary materials for the expansion of the second section of the ring road. With this decision, the way has been opened to proceed with the process of...
Petrol and diesel prices stable
Kathmandu. Nepal Oil Corporation has decided to continue the retail sale price of petroleum products. Despite receiving the new purchase price from Indian Oil Corporation (IOC), the Board of Directors' meeting held on Monday decided not to change...