Bagmati Province Government's budget expenditure at 16 per cent in six months

Bagmati, January 17 — Bagmati Province Government's budget spending stands at16 per cent in the six months of the current fiscal year 2024/25.

According to Suraj Adhikari, Information Minister at the Ministry of Economic Affairs and Planning of the Bagmati Province, the provincial government has spent only 16.27 per cent of its total budget as of mid-January.

The annual budget of the provincial government for the current fiscal year is around Rs 64.5 billion, out of which only Rs 10.5 billion was spent in the past six months, informed Adhikari, adding that the capital expenditure remained low this year.

Of the allocated budget, the Office of the Chief Attorney General spent highest budget at 41.56 per cent followed by the Province Assembly Secretariat at 28.36 per cent during this period while Ministry of Culture, Tourism, Industry and Cooperative recorded the lowest spending at 4.6 per cent, said the Ministry.