Provincial Governments Show Disappointing Spending Levels Midway Through Fiscal Year
Summary
Provincial governments in Nepal have spent only 14.16% of their allocated budget midway through the fiscal year, with capital expenditure notably low across all provinces.
Key Points
- Provincial governments in Nepal have spent just 14.16% of their budget by the end of Poush in FY 2082/83.
- Capital expenditure by the provinces stands at a low 9.33%, impacting development efforts.
- Bagmati Province leads with 14.20% overall expenditure, while Madhesh Province performs the weakest at 7.71%.
- Several provinces show zero expenditure on financial management despite budget allocations.
