OKHALDHUNGA: Okhaldhunga, a district in Koshi Province, has frozen its development budget for the fiscal year 2022/23.
According to the District Treasury Controller Office, over Rs 793 million allocated for development projects remained unspent during the last fiscal year.
Office Chief Manoj Kumar Joshi stated that the unspent budget will be returned to both the provincial and federal governments.
Okhaldhunga received a total allocation of over Rs 8.54 billion from federal and provincial sources for the fiscal year.
This included over Rs 4.78 billion from the federal government for current expenditures and Rs 1.18 billion for capital expenditures.
The provincial government contributed over Rs 627.25 million for current expenditures and Rs 1.55 billion for capital projects.
There has been a concerning decline in budget expenditure at the local level in recent years.
Despite the significant budget allocations, several key infrastructure projects, including national pride projects such as the Likhu Corridor and Molu Corridor, as well as various road and bridge construction initiatives, remain incomplete due to a lack of funds.
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