Capital Budget Spending Remains Below 20% After Eight Months of Fiscal Year 2082/83
Summary
After eight months of fiscal year 2082/83, less than 20 percent of the capital budget has been spent, with only NPR 75.83 billion utilized from NPR 407 billion allocated.
Key Points
- Less than 20 percent of the allocated capital budget for fiscal year 2082/83 has been spent after eight months.
- The government allocated NPR 407 billion for development projects in the current fiscal year.
- Only NPR 75.8343 billion has been spent under capital expenditure heading as of Falgun 17.
- Slow construction progress, contract terminations, financial constraints, and labor shortages are main reasons for low capital expenditure.
