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Capital expenditure hits 57.18 percent in FY 2021/22
July 16, 2022 17:56 pm
KATHMANDU, July 16: The government spent mere 57.18 percent of the allocated development expenditure by Friday, the last official working day of the fiscal year 2021/22.
Road construction related to national pride projects sees utilization of only 31 percent of capital expenditure as of mid-April
May 14, 2022 19:45 pm
KATHMANDU, May 14: The Department of Roads (DoR), one of the main government entities that work on infrastructure development, spent only 31 percent of the allocated budget to the national pride projects concerned with the construction of roads and bridges in the first nine months of the current fiscal year.
Debunking the Low Capital Expenditure Practice: What Engineers Say!
April 15, 2022 12:45 pm
No miracle is going to happen in our historic trend of low capital expenditure this year, too. Same as ever, we will see a huge portion of the expenses being made in the last month of this fiscal year too (Asare Bikas accounting for almost 30% of capital expenditure).
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