The article below represents a preview only and is not meant for reuse or republishing.
Government yet to settle Rs 101 billion from FY2016/17
Click here to read full article from source
KATHMANDU, Feb. 11 -- Unsettled accounts presented to Oli-government 10 months ago
Office of the Auditor General (OAG) had tabled unsettled amounts of Rs 130 billion, which 22 different government agencies including ministries failed to account for while spending public money in Fiscal Year 2016/17, to the government in April last year.
An analysis of data recently provided to the parliament's Public Accounts Committee by different ministries show that ten months later, the government has settled only Rs 29 billion, showing a progress of merely 23 percent.
The spent amount of Rs 101 billion is yet to be settled. This means the amount, equaling the money required to build Kathmandu-Tarai Expressway, remains either misappropriated or lac...
To read the full article or to get the complete feed from this publication, please Contact Us