Govt likely to underspend dev budget

The Himalayan Times Saturday 19th May, 2012

HIMALAYAN NEWS SERVICE KATHMANDU: The Ministry of Local Development is unlikely to spend more that 80 per cent of development budget allotted to it due to untimely transfer of key local officials, as the fiscal year draws to a close. The ministry, which could spend only around 25 per cent of its development budget, in the first eight months the fiscal year, can only use money allocated to it until the end of June. The ministry had spent 80 per...

Read more

Share this article:
Back to Nepal National

Comments

  • No comments yet for this story

    • Have your say

    • By submitting your comment you agree to our terms and conditions

    Featured Story

    Nepal, India to discuss cross-border crime

    Nepal and India have decided to discuss cross-border crime to curb this menace on the 1,700-km border shared by the two countries, an official said here Sunday.

    "A secretary-level meeting is ...

    News Survey

    Do you take the threat of North Korea seriously?

    View results

    On Facebook

    Classic Comments

    Nothing will ever completely replace playing the game I love, however I feel like I'm starting a new adventure and I'm genuinely excited about what lies ahead. I'm fortunate to have been given many opportunities throughout my career and now I feel it's my time to give back.

    David Beckham

    The world's best known footballer was speaking after formally announcing his retirement.