Koshi Province Local Units Face Rising Financial Irregularities: Audit Report
Summary
Financial indiscipline and increasing arrears are reported in Koshi Province's local units, as per the Auditor General's report, with some municipalities showing exemplary financial discipline.
Key Points
- Financial indiscipline is rising in Koshi Province local units according to the Auditor General's report.
- Audit of 128 municipalities revealed arrears of Rs 2.78 crore 85 lakh 11 thousand, amounting to 1.49% of the audited amount.
- Municipalities in hilly and mountainous areas show better financial discipline than those in the Terai region.
- Devangunj Rural Municipality in Sunsari has the highest arrears rate at 7.89%, while Solududhkunda Municipality in Solukhumbu has the lowest at 0.00%.