Infrastructure Development Secretary Poudasaini: Budget to Prioritize Incomplete Projects

Kathmandu. Infrastructure Development Secretary Bishwababu Poudasaini has stated that the budget for the upcoming year is being prepared with the priority of completing ongoing and incomplete projects that have been operating on a sequential basis without source consent. He clarified that in the budget for the upcoming year, priority will be given to projects where 60-75 percent of the work has been completed, and resources will be allocated to finish them. He mentioned that in the past, various projects were operated based on budgets received through consumer committees without source assurance. Currently, details indicating that at least 2 billion rupees are required to complete approximately 600 projects have been sent to the Ministry of Finance. The ministry has also requested a minimum of 2 billion rupees for new programs and DPR preparation in 77 districts. He stated that although a total budget ceiling increase of approximately 15 billion rupees has been proposed, there are indications from the Ministry of Finance that only about 500 crore rupees will be added. Secretary Poudasaini said in the meeting, 'In the past, sequential projects were operated without source consent. Work has been progressing based on the budget coming through consumer groups. It has been informed to the Ministry of Finance that at least 2 billion rupees are required for approximately 600 projects. A minimum of 2 billion rupees has been requested for new programs and DPR in 77 districts. In total, an increase in the budget ceiling of approximately 15 billion rupees has been requested. However, there are indications from the Ministry of Finance that only about 500 crore will be added. The current priority is to complete incomplete projects with source consent. The policy is to first complete projects where 60-75 percent of the work has been done.' According to him, approximately 4,800 projects are registered in the project bank for drinking water schemes. Among them, projects will be prioritized based on demands from local levels, work progress, and needs. He also stated that projects with low budgets and less progress will be included in the plan for the upcoming year.

This specific news has been automatically translated by AI. As a result, there may be some inaccuracies or language errors.

Related Articles

Finance Minister Dr. Swarnim Wagle Presents Bill to Amend and Repeal Certain Nepal Laws Related to Finance, 2083 in House of Representatives

Finance Minister Dr. Swarnim Wagle Presents Bill to Amend and Repeal Certain Nepal Laws Related to Finance, 2083 in House of Representatives

Kathmandu. Finance Minister Dr. Swarnim Wagle has presented the 'Bill to Amend and Repeal Certain...
Finance Minister Appoints Program Director to National Commercial Bank Board

Finance Minister Appoints Program Director to National Commercial Bank Board

Kathmandu. Finance Minister Swarnim Wagle has appointed the program director of his own organization as...
Infrastructure Minister Sunil Lamsal Outlines Legal and Structural Reforms for Road Safety

Infrastructure Minister Sunil Lamsal Outlines Legal and Structural Reforms for Road Safety

Kathmandu. Infrastructure Development Minister Sunil Lamsal has stated that the government has initiated the process...
Opposition Lawmaker Claims Nepal's Health Insurance Program is a Complete Failure

Opposition Lawmaker Claims Nepal's Health Insurance Program is a Complete Failure

Kathmandu. Opposition party Nepali Communist Party lawmaker Parshuram Tamang has claimed that Nepal's health insurance...
Narendra Bahadur Kerung Questions Insurance Sector Statistics and Credibility

Narendra Bahadur Kerung Questions Insurance Sector Statistics and Credibility

Kathmandu. Nepali Congress MP Narendra Bahadur Kerung has raised questions about the latest statistics and...
MP Bidushi Rana Questions Insurance Sector Issues and Regulator's Capacity

MP Bidushi Rana Questions Insurance Sector Issues and Regulator's Capacity

Kathmandu. National Independent Party (Rastriya Swatantra Party) MP Bidushi Rana has raised questions about the...
Rastriya Swatantra Party MP Lima Adhikari Questions Insurance Sector Irregularities and Regulatory Authority's Capacity

Rastriya Swatantra Party MP Lima Adhikari Questions Insurance Sector Irregularities and Regulatory Authority's Capacity

Kathmandu. Rastriya Swatantra Party MP Lima Adhikari has raised questions about the irregularities rampant in...
MP Kandell Raises Concerns on Insurance Sector Issues

MP Kandell Raises Concerns on Insurance Sector Issues

Kathmandu. Opposition party CPN (UML) lawmaker Pushparaj Kandell has drawn the attention of the government...