Overhaul Revenue Collection

The government has recently stepped up its spending. And a lion's share of that expenditure has come through transferring funds from non-expending projects. Because the Act on Financial Procedures and Financial Responsibility permits the government to spend the current fiscal year's budget through transfers, revisions and additional disbursements, should the earmarked money fails to get spent. Over the period of last one month, around Rs. 1.63 billion is reported to have been spent by government bodies, out of which the largest sum was transferred from the Ministry of Health and Population (Rs. 644 million) and the Ministry of Physical Infrastructure and Transport (Rs. 488.6 million).