Local Levels Face Weak Financial Discipline, New Irregularities Totaling NPR 19.04 Billion

Summary

The Office of the Auditor General's annual report reveals weak financial discipline across Nepal's local levels, with new irregularities totaling NPR 19.04 billion in fiscal year 2081/82, raising total irregularities to NPR 22.04 billion.

Key Points
  • The Office of the Auditor General audited 721 local levels and found new financial irregularities amounting to NPR 19.04 billion in fiscal year 2081/82.
  • Irregularities include NPR 2.01 billion suspected embezzlement, NPR 15.18 billion needing regularization due to insufficient evidence, and NPR 1.84 billion in advances.
  • Total updated irregularities of local levels have reached NPR 22.04 billion and 72 lakh, with only NPR 7.86 billion reconciled this year.
  • Many local levels violated budgeting laws, failed internal audits, and maintained unreconciled cash balances, indicating weak financial discipline and revenue collection systems.
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