More than Rs 5.13 bln spent in Karnali in just five days

SURKHET, July 16: The Karnali 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 5,132,300,000 was spent between July 10 and 14. 

According to data availed by the Province Financial Controller’s Office, the government spent Rs 16.82 billion until July 9 while it climbed 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 [Nepali month of Ashad] which accounts for the 57 percent of the total expenditure made by the province in FY 2020/21. 

Financial Controller’s Office shared that the provincial government spend 65.8 percent 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 percent and 57.87 recurrent expenditure. 

Click here to read the news in detail. 

Leave Comment