Khagendra Prawaha

The contributor for Republica.
news@myrepublica.com

Fixing Sudur Pashchim Province's Capex Issues

Published On: October 5, 2022 07:50 AM NPT By: Khagendra Prawaha

Available statistics reveal that the province's capital outgoings have been minimal over the past four fiscal years. It's attributable to a combination of impediments the province has encountered in the execution of capital projects - ranging from Covid-19-related lockdowns to construction holidays. Besides, the provincial ministries and agencies seem apathetic in implementing the Budget Implementation Guidelines and other economic procedures and financial responsibility laws and directives that have impeded the pace of capital expenditures. There appears to be a lack of financial discipline, fiscal ethics, and integrity during budget implementation.