Nepal | May 28, 2020

Govt agencies seek over Rs 20bn additional budget from MoF

Himalayan News Service
Share Now:

Kathmandu, December 20

Different ministries and government bodies have sought more than Rs 20 billion in additional budget from the Ministry of Finance (MoF) for different projects and programmes that are not listed in the annual budget for the current fiscal year.

As per MoF, government agencies have asked for Rs 20.67 billion budget for projects and programmes beyond the annual budget in the first four months of 2019-20.

“Government agencies have sought the additional funds based on the provision that allows them to seek budget for some highly important programmes or causes. However, we have been receiving applications seeking budget for numerous new projects which MoF might not be able to fund,” informed Uttar Kumar Khatri, spokesperson for MoF.

National Planning Commission (NPC) has topped the chart in seeking additional budget as the agency has sought additional Rs 4.75 billion from MoF.

Similarly, the Ministry of Defence has asked for Rs 3.57 billion in additional budget, while the Ministry of Physical Infrastructure and Transport has sought Rs 3.46 billion extra from MoF. The Ministry of Youths and Sports has sought Rs 3.16 billion such budget from MoF.

MoF officials expressed their concerns over ministries and government agencies not focusing on implementation of projects and programmes mentioned in the annual budget and just seeking additional budget.

“They have not been able to accelerate budget spending by implementing programmes and projects already incorporated in the budget. But at the same time, they are seeking extra budget, which is not good,” added Khatri.

As the government is under pressure to manage resources, the MoF has also urged different government agencies to carry out projects and programmes based on the annual budget. “Our focus should be to expedite project works and accelerate budget spending at present,” said Khatri.

 


A version of this article appears in print on December 21, 2019 of The Himalayan Times.


Follow The Himalayan Times on Twitter and Facebook

Recommended Stories:

More from The Himalayan Times:

US President Donald Trump, Twitter account

Twitter fact-checks Trump tweet for the first time

SAN FRANCISCO: Twitter on Tuesday for the first time prompted readers to check the facts in tweets sent by US President Donald Trump, warning that his claims about mail-in ballots were false and had been debunked by fact checkers. The move marked a dramatic shift for the social network, Trump Read More...

Darchula Nepali stranded

Indecision prevails on managing migrants mulling return to Nepal

KATHMANDU, MAY 26 The government is yet to take any concrete decision on how to manage quarantine and health facilities, accommodation and visa process for those preparing to return to the country from abroad, including those from major labour destinations. Government officials have made frequ Read More...

More PCR tests necessary for accurate diagnosis

Kathmandu, May 26 A woman, who tested positive for coronavirus infection and was undergoing treatment at Tribhuvan University Teaching Hospital, tested negative twice in the rapid diagnostic test. However, she tested positive for the infection in the polymerase chain reaction test in the National Read More...

Home quarantined pregnant woman dies in Saptari

Rajbiraj, May 26 A pregnant woman staying in home quarantine at Simara Chowk of Kanchanrup Municipality, Saptari, died today. Saptari District Hospital said that the woman aged 24 had died at home at around 7:00am today. “The deceased woman’s throat swab sample was collected and sent to BP Read More...

Deuba renews demand for relief package to journos and media houses

Kathmandu, May 26 Nepali Congress President Sher Bahadur Deuba has once again called on the government to announce relief package for journalists and media houses. Issuing a statement on the occasion of the 29th anniversary of Nepal Press Union today, Deuba expressed concern about scores of jo Read More...

Quarantine facility poses risk of virus spread

Bajura, May 26 Quarantine facility at Malika Higher Secondary School in Bajura headquarters, Martadi, is at high risk of COVDI-19. A total of 93 people, who recently returned from India have been kept in the quarantine facility. They came from red-zone in India. But, they have not undergone Read More...

Bring gender-responsive budget: HoR panel

Kathmandu, May 26 The Women and Social Development Committee of the House of Representatives has directed the federal and provincial governments to bring gender-responsible budget for the fiscal 2020-21 in the wake of adverse situation created by the COVID-19 pandemic. Chairperson of the parli Read More...

Govt projects 2.3 per cent economic growth for this fiscal

Per capita income to increase to Rs 126,018 Despite joblessness absolute poverty to decline KATHMANDU, MAY 26 Halt in economic activities as a result of the lockdown that the government has imposed to control the spread of the COVID-19 contagion was expected to hit the country's econom Read More...