Saturday, September 5th, 2026

Chitwan sees capital spending less than six percent



CHITWAN: Chitwan has made less than six percent capital spending in the first five months of the fiscal year 2078/79 BS.

Around six percent capital spending has been made from the federal government budget and four percent from the province government in Chitwan.

According to the Controller of Treasury and Accounts Control Office, Mukti Prasad Chapagain, capital spending of Rs 542.12 million has been made through the federal government budget as of mid-December 2021.

The federal government had appropriated around Rs 9 billion 252 million in the district for the fiscal current fiscal year. Of the appropriated capital budget, the spending has accounted for 5.85 percent.

Among total appropriated budget of Rs 10 billion 687 million for the current fiscal year, only Rs 848.4 million has been spent, Chapagain shared.

Chapagain said that capital spending appeared to be low in the initial time as it took almost two months to complete the process from plan selection to bidding. The spending would go up only after mid-February, he added.

Among the higher capital spending authorities are rapid urban development and building construction project, federal drinking water and drainage management project, Narayani River management project and Road Division Bharatpur.

Publish Date : 29 December 2021 19:09 PM

Economic Digest: A Snapshot of Nepal’s Business News

KATHMANDU: Economic Digest presents a brief yet comprehensive roundup of

Authorities urge public not to believe glacial lake outburst rumors

KATHMANDU: The Flood Early Warning Center has urged the public

LPG companies ramp up supplies to ease gas shortage in Kathmandu

CHITWAN: Gas companies have stepped up efforts to prevent a

Foreign currency exchange rates fixed for today

KATHMANDU: Nepal Rastra Bank has fixed the foreign exchange rates

Bhotekoshi flood: Death toll reaches 1,325

KATHMANDU: The death toll from the devastating Bhotekoshi River flood