According to the Office of the Financial Comptroller General (OFCG), the capital expenditure of Province 1 in the first quarter of the current fiscal year stands at 4 percent.<\/p>\n
The government had allocated NPR 23.57 billion for capital expenditure in FY 2019-20. However, the government has spent only NPR 1.40 billion in the first quarter, which is only 4.4 percent of the total budget allocated.<\/p>\n
OFCG Information Antim Kumar Acharya said that the recurrent expenditure is recorded at 3.6 percent during the review period.<\/p>\n
\u201cThe government had allocated a total of Rs 18.54 billion as recurrent expenditure for the current fiscal year. Of the total budget, Rs 675.8 million has been spent in the first quarter of the current fiscal year,\u201d added Acharya.<\/p><\/blockquote>\n
Acharya pointed out at factors such as tender process<\/em> and monsoon<\/em> among others for slow capital spending.<\/p>\n
\u201cThe government spending will increase in the second quarter,\u201d he added.<\/p>\n
<\/p>\n
The provincial government has asked ministers to create work plans to increase budget spending, which ministers complied with. However, this has not increased spending.<\/p>\n
However, Province 1 Chief Minister Sher Dhan Rai has assured that the government is focusing on infrastructure projects development to improve spending.<\/p>\n
Province 1 Budget Allocation Background<\/strong><\/h3>\n