Bagmati provincial government spends 65 per cent of allocated budget in previous FY

Bagmati- Bagmati provincial government has spent 65 per cent of its total budget allocated in the previous fiscal year, 2020/21, an increment as compared to the FY, 2019/20. 

Of over Rs 51.4 billion allocated in the FY, more than Rs 33.5 billion has been spent, said Rajendra Pandey, account officer at the provincial treasury and account control office, Hetauda. 

The FY, 2019/20 saw the spending of 59 per cent budget. Similarly in the FY, 2018/19, 60.7 per cent of the total allocated budget was spent and only 26.41 per cent was spent in the FY, 2017/18.