Only 25.7% of Budget Spent on Nepal’s National Pride Projects, Raising Concerns over Progress

Nepal’s National Pride Projects, aimed at improving public services and boosting economic growth, have shown disappointing progress, with only 25.7% of the allocated budget being spent so far.

Out of the Rs 66.75 billion set aside for 19 projects this fiscal year, just Rs 17.15 billion was utilized by mid-January. The slow pace of spending raises concerns about the effectiveness and timely completion of these key development initiatives, which are crucial for the country’s infrastructure and economic development.