National Reconstruction Authority spent just 65 percent of its budget last fiscal year
Kathmandu, Nov. 13 -- The National Reconstruction Authority, formed in the wake of the devastating 2015 earthquakes to reconstruct and rebuild public infrastructure and private homes, is spending a lot less than it is supposed to.
The authority, formed to accelerate reconstruction works, spent just 65 percent of its budget last fiscal year. The authority had received a budget of Rs138.42 billion in the fiscal year 2018-2019, but it was only able to spend Rs89.35 billion, which is just 64.5 percent of the budget, according to records from the authority.
Manohar Ghimire, joint-spokesperson for the authority, admitted that the budget expenditure had not been good enough.
"As the budget is spent through the existing government agencies, th...
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