Just 16 Days Left: Nepal Has Spent Only 35% of Its Development Budget
Summary
With only 16 days left in the fiscal year, Nepal has spent just 35.12% of its development budget, raising concerns about meeting the annual spending targets.
Key Points
- Nepal has spent only 35.12% of its 407.88 billion rupees development budget by June 29.
- Regular government administrative and financial management expenses have crossed 80%.
- The government had estimated 61.63% development spending by year-end.
- To meet targets, Nepal must average 13.52 billion rupees daily in spending over the next 16 days.
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