Capital expenditure a meager 14% in six months
Source : https://risingnepaldaily.com/news/21506 Capital expenditure a meager 14% in six months TRN Online Tue, 17 January 2023 Share Change Font Sizes: By Laxman Kafle Kathmandu, Jan 17 : The chronic problem of slow pace of capital expenditure of the government has persisted in the current fiscal year as well. The capital expenditure stands at only 14.05 per cent by the end of six months of the current fiscal year (by January 14, 2023), according to the daily budgetary report of the Financial Comptroller General Office under the Ministry of Finance. Of the Rs. 380.38 billion allocated under capital expenditure, only Rs. 53.45 billion was spent in six months of the current fiscal year, starting from July 17, 2022 to January 14, 2023. During the review period, the rate of expenditure was slightly higher compared to the same period last fiscal year 2021/22, while it is almost equal compared to the previous financial year 2020/21. The capital expenditure stood at 13.44 per...