KATHAMNDU, Feb. 17 -- Over Rs 800 billion spent out of budget in last three years
Over Rs 800 billion has been spent out of budget endorsed by parliament over the last three years, putting under question the notion of parliamentary supremacy over government spending, according to a report prepared by the Public Expenditure Review Commission (PERC).
What the PERC report, which was submitted to Minister for Finance Yuba Raj Khatiwada on Friday, reveals is the height of financial indiscipline in spending the taxpayer's money.
The report exposes internal anomalies, which is a grave concern for all as Singha Durbar has been spending such a large amount of money without the knowledge of parliament.
Indeed, the amount spent arbitrarily by Sing...