Government capital expenditure reaches nearly 50 percent after a last minute spending spree
kathmandupost.com · Thu Jul 16 16:26:49 UTC 2020
Nearly half of the capital budget has been spent after the Covid-19 outbreak, followed by monsoon season, questioning the effectiveness of the quality of works.
Until June 10, the government’s capital expenditure stood at just 30 percent of the Rs 408 billion allocated for the last fiscal year 2019-20. But on July 15, the end of the fiscal year, new figures emerged, showing a capital expenditure of 47 percent.
Read full story at source (kathmandupost.com)