Nepal, July 2 -- The government spent Rs 15.42 billion in the past two weeks while speeding up the expenditure allocated for development projects with the arriving end of the Fiscal Year (FY) 2024/25.

As of 11 months, the government had utilized only Rs 144.48 billion (41.01 percent) out of capital expenditure worth Rs 352.35 billion allocated for the current FY. With the start of the last month of the FY 2024/25, the government took the total expenditure under the heading to Rs 159.92 billion, while exhausting more than four percent of the allocated amount in just 15 days, according to the Financial Comptroller General Office (FCGO).

It has been a perennial problem of the government almost every year to work at snail pace on the develo...