Karnali Province Announces Budget of NPR 35.39 Billion
Summary
Karnali Province announced a budget of NPR 35.39 billion for the upcoming year, marking a 7.28% increase from the current fiscal year, with critiques focusing on its continuity of past plans and lack of innovation.
Key Points
- Karnali Province unveiled a budget of NPR 35.39 billion for the upcoming fiscal year, which is 7.28% higher than the current budget.
- The budget is based entirely on federal grants and savings, with increased capital budget but reduced current budget.
- Critics, including opposition MP Bindaman Bisht, argue the budget lacks innovation, is traditional, and fails to address economic dynamism and employment.
- Supporters acknowledge ongoing program continuity but highlight some reforms aiming for balanced development and improved implementation.