Arrears reach Rs 755 billion; Rs 88.09 billion added in a year

Part of: Nepal's Government Spends Nearly 60% of Budget, Capital Expenditure Trails at 28%

The country's total arrears have reached Rs 755 billion, according to the Annual Report of the Office of the Auditor General for fiscal year 2081/82 BS. The report indicates theoretical arrears of Rs 88.09 billion requiring systemic improvements, with the Ministry of Finance holding the highest portion. Despite audits of accounts worth Rs 9484.5 billion, financial audits of Rs 147.9 billion were not conducted due to recent events.

Read full article (2 min read)

Similar Articles