The state of capital expenditure, which is directly linked to the development of the province, is also seen to be weak. Out of the total capital budget of 40 billion 835 million 356 thousand rupees allocated in the current fiscal year, government agencies have spent only 9 billion 423 million 26 thousand rupees, or 23.9 percent, in the first nine months.
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The Bagmati Province government is under pressure to spend 72 percent of the budget in the last three months of the current fiscal year. Since only 28 percent of the total allocated amount has been spent by the third quarter of the current fiscal year, the province government is under pressure to spend 72 percent of the budget in the next 3 months.
With only three months left in the fiscal year, there is no significant progress in government spending. As per the current situation, the province government has to spend 72 percent of the budget in the next 3 months. The financial progress report released by the Ministry of Economic Affairs and Planning as of mid-Chait shows that the performance of the province government is very slow. The government is under pressure to spend 72 percent of the budget in the next 3 months, i.e. Baisakh, Jestha and Asar.
The government had brought a total budget of 67.47 billion 33.70 million rupees for the current fiscal year. By the end of Chaitra, only 19.37 billion 17.81 million rupees, or 28.71 percent, have been spent. The government is expected to spend 48.10 billion 15.89 million rupees, or 71.29 percent of the budget in the remaining 3 months.
The situation of capital expenditure directly linked to the development of the province is also seen as weak. Out of the total capital budget of 40.83 billion 53.56 million rupees allocated in the current fiscal year, government agencies have spent only 9.42 billion 32.6 million rupees, or 23.9 percent, in the first 9 months. The government is expected to spend 31.41 billion 21.50 million rupees, or 76.91 percent of the development budget.
The spending capacity of the development-focused ministries with the largest budgets is seen as weak. The Ministry of Physical Infrastructure Development, which received about 40 percent of the total allocated budget of the provincial government, has spent only 30 percent in the first 9 months. The ministry, which has a capital budget of 21.14 billion, has so far spent 6.37 billion, or 30.15 percent. The ministry is in a position to spend more than 14 billion in the development budget in the next 3 months.
According to the budget share, the second largest ministry in the province, the Ministry of Drinking Water, Energy and Irrigation, has so far spent only 25.13 percent of the budget. The ministry, which received a capital budget of 9.72 billion, has so far spent only 2.44 billion.
The province's Ministry of Agriculture and Livestock Development has spent only 410 million, or 19.63 percent, of the capital budget of 2.13 billion, while the Ministry of Health has spent only 870 million, or 25.55 percent, of the capital budget of 3.41 billion. The Ministry of Forest and Environment has spent only 440 million, or 21.5 percent, of the capital budget of 2.12 billion.
According to the statistics of the Ministry of Economic Affairs and Planning, the ministries of the province have spent an average of only 28.71 percent of the budget as of mid-Chaitum. Among the 14 ministries of the province, the Ministry of Labor, Employment and Transport has spent a relatively higher budget. The ministry is at the top of the list of ministry-specific expenditures, spending 44.71 percent of the budget.
The Ministry of Economic Affairs and Planning has spent 30.12 percent, the Ministry of Social Development has spent 30.5 percent, the Ministry of Forest and Environment has spent 35.12 percent of the budget, while the Ministry of Industry, Commerce, Land and Administration has spent 26.44 percent.
The Ministry of Physical Infrastructure Development has spent only 30.25 percent of the budget, while the budget expenditure of the Chief Minister's Office and the Council of Ministers is limited to 21.30 percent. The Ministry of Youth and Sports has the weakest performance, spending only 14.12 percent of the budget by mid-Chaitum.
The Ministry of Drinking Water, Energy and Irrigation has implemented 26.43 percent, the Ministry of Health 24.12 percent, the Ministry of Culture, Tourism and Cooperatives 25.31 percent, and the Ministry of Agriculture and Livestock Development 21.3 percent of the budget.
