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Budget to Prioritize National Pride Projects

  1 min 26 sec to read

May 23: The government is prioritizing large scale and national pride projects as well as reconstruction, in the budget of the upcoming fiscal year, 2017/18.

Due to the constitutional provision to announce budget on May 29 and because of the code of conduct of the second phase local elections, only the programmes of the previous year are getting priority this time. 

Similarly, no new programmes are coming this time also to maintain political consensus for effective implementation of the budget of the coalition government.

Mega projects such as Kathmandu-Terai Fast Track Project, Budhi Gandaki Hydropower Project, Second International Airport, Nijgadh were in priority in the current and previous fiscal year budgets.

Likewise, 18 different projects such as Pokhara Regional International Airport, South Asia Tourism Infrastructure Development Project, Melamchi Drinking Water Project, Ranijamara-Kulariya Irrigation Project are also listed under the national pride projects.

Likewise, among the projects, some have not come into operation as the construction modality is yet not prepared and very little expenditure has been made on some projects so far. Amid this, some projects have fallen into political wrangling as well. Therefore, experts opine that sufficient budget should be allocated in the existing projects rather than introducing new programmes.

Budget App Unveiled

The government has unveiled a Budget App to provide overall information on budget one week prior to its announcement on May 29. The app was unveiled by Krishna Bahadur Mahara, Minister of Finance (MoF) amid a programme at the Ministry on May 22.

Currently available on android version, the app can be downloaded through Google playstore. Live budget announcement will also be broadcasted through the budget app. 

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