SURKHET, June 17: Only Twenty-six percent of the budget of Karnali Province has been spent. Out of the Rs 33.74 billion of the total budget of Karnali Province Government for fiscal year 2020/21, 26.91 percent (Rs 9.79 billion) was spent till June 13.
Out of the 14.67 billion allocated for recurrent expenditures, only Rs 4.41 billion has been spent while out of the Rs 19.06 billion allocated for capital expenditure, only Rs 4.66 billion has been spent, said chief of Province Financial Comptroller Office, Man Bahadur Bam.
Karnali Province spends only 31pc of budget in 10 months
The budget was spent more by 6.66 percent till June 13 in the current fiscal year as compared to the corresponding period of the previous fiscal year, added Bam. The budget expenditure of the province was only 20.25 per cent till mid-June of the previous fiscal year. Of that, 29.84 per cent was current expenditure while 14.37 per cent was capital expenditure.
Ten billion rupees was spent in the last month of the previous fiscal year. According to the Province Financial Comptroller Office, Surkhet, an additional around Rs 11 billion might be spent in the last month of the current fiscal year.
The Social Development Ministry has spent the highest amount of its budget which is 35.38 percent while the Ministry of Economic Affairs and Planning has spent the lowest amount of its budget (only 3.98 per cent).
(RSS)
