Karnali Province Faces Persistent Budget Implementation Challenges
Summary
Karnali Province continues to struggle with budget implementation, managing to spend only 58.92% of the annual budget, despite efforts by Chief Minister Yamlal Kandel to improve the situation.
Key Points
- Karnali Province government faces persistent challenges in implementing its budget.
- Chief Minister Yamlal Kandel has emphasized improving budget execution and made officials sign performance agreements.
- Over 95% of Karnali's annual budget depends on federal grants and revenue sharing, with only a 2.4% share for the upcoming fiscal year.
- Budget implementation has not exceeded 70% in any of the past nine fiscal years, with overall spending at 58.92% and development budget progress at 55.39%.
