Provinces Fall Short: Only 49% of Budget Spent by June 15 in Current FY

As of June 15 in the current fiscal year 2022/23, the provinces in the country have only used half of their budget. Out of the total allocated budget of Rs 306 billion, they have spent Rs 151.3 billion, which is around 49.45 percent of the yearly allocation. According to the Office of the Comptroller General, Koshi Province has the highest expenditure rate at 61.41 percent, while Madhes Province has the lowest at 36.25 percent during the last 11 months of this fiscal year.