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ECONOMY

Sudurpaschim govt spends just 34.5% of allocated budget in 10 months of current FY

KAILALI, May 14: The Sudurpaschim Province government has been able to spend just 34.5 percent or Rs 10.646 billion of the annual budget in the first 10 months of the current fiscal year.
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By Republica

KAILALI, May 14: The Sudurpaschim Province government has been able to spend just 34.5 percent or Rs 10.646 billion of the annual budget in the first 10 months of the current fiscal year.



According to Yagya Raj Pandey, information officer at the Office of the Province Financial Comptroller, Kailali, of this amount, Rs 5.34 billion is recurrent expenditures and Rs 5.611 billion is capital expenditure.


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The highest spending is in the infrastructure development sector, with over Rs 4.92 billion spent in the first 10 months of the current fiscal year. 


Similarly, the Social Development Ministry's spending is Rs 2.47 billion, followed by Rs 787 million for the Ministry of Industry, Tourism, Forests and Environment, Rs 711 million for the Ministry of Land Management, Agriculture, and Cooperatives, Rs 146 million for the Ministry of Internal Affairs and Law, Rs 140 million for the Office of the Chief Minister and Council of Ministers, and Rs 66 million for the Economic Affairs Ministry.


According to the Office, the Province Legislature spent Rs 101 million, the Province Public Service Commission Rs 40 million, and the Province Policies and Planning Commission Rs 17.3 million during this time. 


The total budget allocation in the province for the current fiscal year was Rs 29.284 billion: Rs 11.961 billion for current expenditures, Rs 17 billion for capital expenditures, and Rs 3 million for financial management.


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