Lumbini Province Spends Only 27% of Budget in First Eight Months of Fiscal Year 2082/083
Summary
Lumbini Province government has spent only 27% of its allocated budget during the first eight months of fiscal year 2082/083, with capital and recurrent expenditures lagging behind expectations.
Key Points
- Lumbini Province government has spent 27% of its total allocated budget by the end of Falgun in fiscal year 2082/083.
- Capital expenditure stands at 25.40% and recurrent expenditure at 31.01% during the same period.
- The Ministry of Health has the highest capital budget expenditure at 69.53%, while the Ministry of Youth and Sports has the lowest at 3.30%.
- Economic experts attribute slow budget spending to ministries delaying implementation and recent disruptions like protests and holidays due to elections.