KATHMANDU, June 13: Every year, the government makes a promise to effectively utilize the funds allocated for development projects, while the actual utilization of the capital expenditure stands at hardly 70 percent.
Nepal has been grappling with a longstanding issue that has held back its development - the lack of effective implementation of development projects. Despite the country receiving assistance from the international community including multilateral development partners such as the World Bank (WB) and the Asian Development Bank (ADB), Nepal has struggled to make satisfactory capital expenditure and meet its growth targets.
The government's move to divert funds from planned mega projects to those under construction or to meet recurrent liabilities is a short-term solution that will only worsen the problem in the long run.
KATHMANDU, March 28: Amid pressure of scanty financial resources as a result of low revenue collection, the government has cut down heavily the budget allocated for development projects, while transferring allocated budget to running projects and to meet recurrent liabilities.
KATHMANDU, July 17: The government appeared pathetic in the execution of the budget announced for fiscal year 2019/20 which ended on Wednesday, spending less than 50% of the amount earmarked for development projects while falling short by 30% also in revenue collection.
KATHMANDU, July 15: The government has extended the deadlines of the contracts for development projects by another six months citing the problems that the contractors have faced amid the ongoing lockdown.
KATHMANDU, Jan 7: Development projects are required to get certification of compliance with water resources conservation criteria as per the 'Water Resources Policy' before it proceeds with the construction of the project.
KATHMANDU, Dec 20: Admitting that the progress in implementation of development projects has not been satisfactory in the first four months of the current fiscal year – FY2019/20, secretaries of major ministries with the highest capital budgets have vowed to improve the performance in remaining two quadrimesters.
KATHMANDU, Sept 28: While Prime Minister KP Oli has been warning ministers who do not make satisfactory progress in executing development projects that they will face the sack, development expenditure by the government so far this fiscal year has remained the lowest in recent years.
DANG, July 1: Ghorahi Sub-metropolitan City is extremely busy in implementing development projects these days. It has been working on repairing and widening roads, constructing new infrastructures, among others round the clock. However, in doing so, the office has wholly neglected quality standards. The rush to complete the projects before the end of the fiscal year is apparent.
RAUTAHAT, June 23: Husnara Khatun, deputy mayor of Ishnath Municipality, has accused the mayor and the chief administrative officer (CAO) of misappropriating budget funds meant for development projects.
We talk a lot. Work less. This has become a national disease in our country mainly in the context of carrying out important development projects. Mostly politicians sell dreams of big projects during elections, budget speeches and other occasions. Such promises often complicate situation as the leaders make lofty promises without doing even basic study on such projects.
The government tabled a budget of Rs 1.533 trillion for the upcoming fiscal year 2019/20. This budget seemed to be of distributive in nature due to announcements like raise in hand-outs to elderly citizens, salary hike to government employees and direct funds to lawmakers for development projects in their constituencies.
Multiple delays, multiple deadline extensions, multiple irregularities and negligence are perhaps what characterize our multi-billion rupees development projects—including the national pride ones on which Nepal exclusively relies to achieve its development goals. This laxity and non-action on national pride projects will cost us dearly—both in terms of economy and the benefits people are supposed to derive from their completion. As Republica has found out, only seven out of 21 national pride projects have achieved 50 percent or more progress although their completion deadlines are inching closer.