Bagmati Province Government Budget Implementation Disappointing, Spending Below 7%
Summary
Bagmati Province Government has spent only 6.61 percent of its annual budget in the first trimester, with development spending stuck at 2.57 percent. Revenue collection has improved, but inflation in the province has climbed to 5.77 percent.
Key Points
- Bagmati Province Government’s public expenditure reached only 6.61 percent in the first trimester of the current fiscal year, reflecting weak budget implementation.
- Development spending was just 2.57 percent, with major ministries such as Physical Infrastructure Development and Drinking Water, Energy and Irrigation showing very low progress.
- Revenue collection stood at 17.05 percent of the annual target, with strong contributions from federal grants and internal sources.
- Annual point consumer inflation in Bagmati Province rose to 5.77 percent in Asoj 2083, up sharply from 1.72 percent a year earlier.
