NEPAL: Government, Development Partners Launch Public Expenditure And Financial Accountability Assessments spotlightnepal.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from spotlightnepal.com Daily Mail and Mail on Sunday newspapers.
Nepal needs further reforms to strengthen fiscal and budget outcomes devdiscourse.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from devdiscourse.com Daily Mail and Mail on Sunday newspapers.
Nepal Govt Initiates Public Expenditure, Financial Accountability Checks miragenews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from miragenews.com Daily Mail and Mail on Sunday newspapers.
KATHMANDU, Feb 25: At a time when there are complaints that the provincial structure has only increased the burden of expenses for the country, questions have been raised on the capacity of the provincial governments to work. All the seven provincial governments have failed to spend their budgets. Not being able to spend the budget means not being able to work as needed, say experts.
The government spent only 21.05 percent of the funds allocated for development works in the first seven months of the current fiscal year. According to records of the Financial Comptroller General's Office, the government spent Rs 63.57 billion out of the allocated amount of Rs 302 billion under the heading of capital expenditure.