header banner
ECONOMY

Two-thirds of budget of Kathmandu Tarai Expressway unspent

KATHMANDU, May 9: Nearly two-thirds of the budget allocated for Kathmandu Terai Expressway has remained unspent.
By Republica

KATHMANDU, May 9: Nearly two-thirds of the budget allocated for Kathmandu Terai Expressway has remained unspent. 


The budget remained unspent because of the delay in approval of the Detailed Project Report (DPR) prepared by the Nepal Army, an official at the Ministry of Physical Infrastructure and Transport told Republic.


Related story

With less than a month left in fiscal year, 62% development bud...


Meanwhile, Nepal Army has returned 63 percent of the allocated Rs 15 billion, or Rs 9.5 billion, to the ministry. The army had planned to award the contract after completing the DPR.


“Nepal Army returned the unspent money to the ministry earlier this week,” Shiva Hari Sapkota, the spokesperson for the ministry, said.

Related Stories
ECONOMY

Completion of Kathmandu-Tarai Expressway project o...

ECONOMY

DPR of Kathmandu-Tarai/Madhes Expressway in 105 da...

SOCIETY

PM expresses concern over Kathmandu-Tarai-Madhes e...

ECONOMY

Complete Kathmandu-Tarai expressway in 5 years, PA...

Editorial

Fast-Tracking Solutions for the Kathmandu-Tarai Ex...