Capital Budget Spending Low in Jumla During First Five Months of Fiscal Year
Jumla. Only 9.4 percent of the capital budget allocated to offices under the Karnali Provincial Government has been spent during the first five months of the current fiscal year (FY), from Shrawan to Mangsir.
According to Mun Bahadur Rawal, Accounting Officer at the Provincial Audit Office, Jumla, 15.19 percent of the total current budget was spent during the review period of five months. He stated that only 9.4 percent of the total budget, specifically the capital expenditure, has been utilized.
For the current FY 2082-83, a capital budget of NPR 1 billion 11 crore 87 lakh 13 thousand was allocated. The Accounting Officer of the Provincial Audit Office, Jumla, Mun Bahadur Rawal, informed that only NPR 10 crore 11 lakh 15 thousand, or 9.4 percent, of the development budget was spent on capital projects during the first five months of the current fiscal year.
Among the allocated budgets, the Infrastructure Development Office, Jumla, recorded the highest spending, utilizing NPR 9 crore 11 lakh 943 of its capital budget. The Provincial Audit Office, Jumla, reported that the overall financial progress of that office stands at 19.33 percent. Capital budget spending is lower compared to the current budget expenditure.
The Provincial Comptroller's Office of the Karnali Provincial Government stated that the low budget execution is due to damage to provincial government structures caused by the Jyanji exhibition held on Bhadra 23 and 24, and the inability of provincial government bodies to function effectively. There are twelve offices under the jurisdiction of the Provincial Government.
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