Government Transfers Budget worth Rs 33.3 Billion in a Month

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Government Transfers Budget worth Rs 33.3 Billion in a Month

May 1: The government made budget transfer of Rs 33.5 billion including transfer of funds, reallocation of resources and additional disbursements in the Nepali month of Chaitra (mid-March to mid-April) of the current fiscal year.

The details published by the Ministry of Finance shows that the government transferred budget worth Rs 33.35 billion from one sub-heading to another in the review period.

During this period, the Ministry of Finance transferred an amount worth Rs 27 billion to pay internal debts. This amount has been disbursed under the miscellaneous heading. Similarly, the government has transferred an additional amount of Rs 2.8 million under the heading of miscellaneous account for the current expenses of the office of the Gandaki Province chief.

Similarly, Rs 5 million has been disbursed as extra-time allowance for the employees of the Federal Parliament Secretariat, security personnel and personal secretariat of the parliament officials.

The government has also released Rs 43.3 million for the Public Service Commission, and Rs 60 million to the Office of the Prime Minister and Council of Ministers.

According to the Ministry of Finance, multi-year contracts were approved for two projects and programs in the review month.

The government has agreed to ensure funds worth Rs 405 million under the Ministry of Forest and Environment, and Rs 76.2 for the Samakhusi-Tokha-Gujre road project under the Ministry of Physical Infrastructure and Transport.

 

Similarly, Rs 19 million earmarked by the Ministry of Energy, Water Resources and Irrigation for Budhi Gandaki Hydropower Project has been transferred for river control projects.

Similarly, budget of Rs 36.4 million allocated for Palungtar-Kundutar Irrigation Project and Rs 39 million for Irrigation Rehabilitation Project have been transferred for river control projects.

The Ministry of Physical Infrastructure and Transport has reduced the budget allocated for the North-South Highway Project by Rs 90 million and transferred the amount to the Kathmandu Valley Road Expansion Project.

 

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