Spending money wisely

The budgets should have found regionally specific ways to keep the youth at home.

All seven provinces of Nepal on Wednesday presented their budgets for the next fiscal year 2022-23. In their last budget for the first term, the provinces look forward to an economic recovery, focusing on agricultural production and expansion of social safety net. Their combined budget of Rs305.46 billion is 17 percent higher than the current fiscal year's budget. Most of the provinces have made infrastructure development the mainstay of their road to economic recovery and growth. While infrastructure development is one of the most important aspects of the country's overall development, we have lately seen the malpractices of certain influential individuals leveraging to allocate budgets for projects based on whim and selfish interests rather than genuine necessity. Such projects come with immense environmental costs apart from turning into missed opportunities.