Koshi Province Spends 36% of Budget in 10 Months
Summary
Koshi Province government has spent only about 36% of its total Rs 36 billion budget in the first 10 months of fiscal year 2082/83, with capital expenditure notably slow. The government must spend the remaining budget in two months.
Key Points
- Koshi Province spent only 36% of its Rs 36 billion budget in the first 10 months of fiscal year 2082/83.
- Capital expenditure is particularly lagging with only Rs 5.29 billion spent out of Rs 17.14 billion allocated.
- The Ministry of Physical Infrastructure Development, with the largest budget allocation, has spent only Rs 3.24 billion so far.
- Revenue collection improved, with Rs 25.05 billion collected by the end of Baisakh, including internal and federal grants.
