The provincial government has allocated a total budget of Rs 35.87 billion for the current fiscal year.
The Koshi Provincial Government has spent only 8 percent of its budget in the first quarter of the current fiscal year.
According to the Provincial Treasury and Accounts Controller's Office, a total of more than 2.82 billion 55 million rupees have been spent on current and capital. 'This is about 8 percent,' said Provincial Treasury Controller Damodar Khatri, 'Usually, the expenditure is less in the first quarter, but this time it has been delayed due to the Genji movement.'
The provincial government has allocated a total budget of 35.87 billion 99 million rupees for the current fiscal year. Of this, 18.67 billion 33 million 20 thousand has been allocated for current expenditure, 17.10 billion 35 million 80 thousand for capital expenditure and 10 million rupees for financial management.
According to the office's details, a total of 82 million 80 thousand 975 rupees were spent in the month of Shrawan, including 81 million 12 million 36 thousand on current expenditure and 16 million 44 thousand 914 on capital expenditure.
The office has stated that a total of 888 million 18 million 99 thousand 766 rupees were spent in Bhadau, including 746 million 6151 thousand 235 rupees on the current side and 135 million 5748 thousand 531 rupees on the capital side.
In Asoj, the expenditure has increased significantly. A total of 2 billion 138 million 34 thousand 667 rupees were spent on the current side and 687 million 39 thousand 477 rupees were spent on the capital side. The expenditure has increased due to the government bringing various relief packages for the flood and landslide victims in Asoj.
According to Fund Controller Khatri, although the current expenditure appears to be high, the pace of capital expenditure is still slow. He said, ‘As the tender process for the plan has started, it is expected that capital expenditure will accelerate from the second quarter.’
