Financial Irregularities Increasing in Bagmati Province
Summary
Financial indiscipline in Bagmati Province is rising, with irregularities totaling billions of rupees found across government bodies and local levels, largely due to procurement lapses and weak monitoring.
Key Points
- Financial irregularities in Bagmati Province increased in fiscal year 2081/082, with 69.37 million rupees found as irregularities across 209 government bodies.
- The Ministry of Physical Infrastructure Development exhibited the highest ministry-level irregularities, accounting for over 55 percent of total irregularities.
- Local levels showed higher irregularity rates, with Tinpatan Rural Municipality having the highest at 4.75 percent.
- Irregularities are attributed to procurement without adherence to Public Procurement Act, fragmented projects, lack of internal controls, and poor monitoring of grants and projects.
