Nepal, March 29 -- Despite budget allocations for the current fiscal year (2024/25), various ministries have been unable to effectively utilize their capital budgets.

According to the Ministry of Finance, the expenditure on capital budgets remains notably low, particularly among major development ministries such as Physical Infrastructure and Urban Development, and the Ministry of Finance itself.

The Ministry of Physical Infrastructure and Transport, which received a capital budget of Rs 143.05 billion for the year, has only spent Rs 47.47 billion as of March 24. Similarly, the Urban Development Ministry spent only Rs 11.88 billion out of its allocated Rs 63.17 billion.

The Ministry of Industry, Commerce, and Supplies has been the most...