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.
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