Arrears surge to Rs 755 billion, up by Rs 88 billion in a year
Summary
Nepal's total arrears have surged to Rs 755 billion, increasing by Rs 88 billion in the past year as per the Office of the Auditor General's latest report.
Key Points
- Nepal's total arrears reached Rs 755 billion with an Rs 88.09 billion increase in the past year.
- Audits covered Rs 9,484.5 billion across federal, provincial, and local levels.
- 179 offices failed to submit accounts, preventing audits of Rs 147.9 billion.
- The Ministry of Finance accounted for 70.37% of the arrears, the highest among ministries.
