Koshi Province Government's Physical Infrastructure Ministry Achieves Satisfactory Capital Expenditure

Biratnagar. The Koshi Province government's highest spending Physical Infrastructure Development Ministry has achieved satisfactory capital expenditure by the end of the current fiscal year. According to preliminary data provided by the ministry, approximately 70 percent of the total allocated budget has been spent.

This ministry, responsible for major development projects and road network expansion, has managed to spend 7.44 billion rupees out of a total budget of 10.63 billion rupees.

According to the ministry's final report, a budget of 10.63 billion, 24 million, 62 thousand rupees was allocated. Out of this, 7.44 billion, 43 million, 13 thousand, 152 rupees were spent by the end of the fiscal year. This amounts to 69.99 percent of the total budget.

However, the Province Government Treasury and Comptroller Office (Pralenika) estimates the total expenditure of the provincial government to be around 69 percent. However, the office has not yet made the formal details public.

Excluding the amount to be returned to the federal government, the Treasury and Comptroller Office stated that the overall estimated expenditure of the provincial government is around 69 percent. Ministry officials have said that as this figure released by the ministry is preliminary, there may be some percentage changes after the final audit and adjustments.

Among the various Infrastructure Development Offices under the Physical Infrastructure Ministry, Morang and Khotang have performed excellently. The Infrastructure Development Office, Morang, has spent the highest percentage of its budget at 87.53 percent. The expenditure percentage is high in Morang due to the rapid progress of works including road, bridge, and other physical structure constructions.

Similarly, the Infrastructure Development Office, Khotang, has secured the second position by spending 87.37 percent, despite being a hilly district. The ministry has viewed this progress, achieved despite the difficult terrain, positively.

The Infrastructure Development Offices of Sankhuwasabha and Udayapur have spent 85.39 percent and 84.88 percent respectively. Rural road network expansion projects have been particularly successful in these districts. The Infrastructure Development Office, Bhojpur, has spent 82.14 percent, Dhankuta 80.95 percent, Taplejung 70.77 percent, and Solukhumbu 69.92 percent.