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Karnali budget expenditure only 65 per cent



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Surkhet, July 16: The budget expenditure of the Karnali Province government is only 65 per cent at the end of the Fiscal Year 2020/21.

The province government spent more than Rs 5.13 billion in the last five days of the last fiscal year 2020/21.    

A total of Rs 5 billion 132 million 300 thousand was spent between July 10 and 14.    

According to data shared by the Province Financial Controller’s Office, the government spent Rs 16.82 billion until July 9 while it jumped to Rs 21.96 billion by July 14.    

The government spent Rs 12.25 billion in the past one month - mid-June to mid-July which accounts for 57 per cent of the total expenditure made by the province in FY 2020/21.    

Financial Controller’s Office shared that the provincial government spend 65.8 per cent of the total allocated budget. A budget of Rs 33.74 billion was allocated for the last fiscal year. According to the office, the province records the capital expenditure 70.63 per cent and 57.87 recurrent expenditure.