Development spending of provincial governments remains abysmal
Summary
Provincial governments in Nepal have shown low development spending and slow budget utilization due to political unrest, administrative delays, and policy changes, with many projects stalled and capital expenditure remaining abysmally low.
Key Points
- Development expenditure by provincial governments in Nepal remains low due to political unrest and administrative delays.
- Lumbini Province spent only around 23.65% of its budget, with capital expenditure particularly poor at 20.97%.
- Sudurpashchim Province managed to spend only 16.22% of its total budget, with capital spending at just 9.73%.
- Bagmati Province also showed low financial progress, spending only 17.79% of its allocated budget in the first seven months.
