Saturday 13th April 2024
Saturday 13th April 2024
गृहपृष्ठPoliticsSituation of asking for budget but not being able to spend it should end: PM Prachanda

Situation of asking for budget but not being able to spend it should end: PM Prachanda

KATHMANDU –  Prime Minister Pushpa Kamal Dahal ‘Prachanda’ has said that the situation of asking for budgets every financial year but not being able to spend the capital budget should be ended.

Addressing the 52nd meeting of the National Development Problem Resolution Committee held at Singha Durbar on Thursday, Prime Minister Dahal questioned why the budget allocated under the capital heading is not spent properly in time.

“In the first six months of the current fiscal year, the government’s overall low capital expenditure is a matter of concern for us. This problem must be solved during the rest of this year,” Prime Minister Dahal said.

He instructed all ministers and chief ministers to lead the work of development and construction so that the available budget is fully spent in the context of the process of implementing various measures to increase capital expenditure. PM Dahal mentioned that some ministries and some projects of national pride have advanced relatively well.

Meanwhile, the head of the executive thanked the Sunkoshi Marin Diversion Multi-Purpose Project, Kaligandaki Corridor (Gaindakot-Ramdi Section) and Lumbini Area Development Trust for achieving more than 80 percent physical progress.

He also directed those projects as well as all other projects to provide 100 percent results in the remaining period. Mentioning the creation of multifaceted effects and opportunities in the economy through the expenditure of the government, Prime Minister Dahal said that it is necessary to spend the specified expenditures on time to mobilize the resources of the private sector, the cooperative sector, and community and development partners.

The Prime Minister said, “All the parts of the government need to move forward with a result-oriented thinking rather than a process-oriented one.”

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