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Karnali Province records low capital spending in first half of fiscal year

himalaya Diary News Service by himalaya Diary News Service
January 19, 2026
in Business, Karnali Province
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Karnali requires Project Bank listing for projects above Rs 5 million
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The Karnali Province government has utilized only 13.74 percent of its total budget during the first six months of the current fiscal year. According to provincial data, just 7.90 percent of the capital budget and 23.83 percent of recurrent expenditure have been spent so far. Of the Rs 19.98 billion allocated for development projects, only Rs 1.57 billion has been used. Karnali Province Comptroller Office Chief Ratna Subedi said that out of the Rs 12.39 billion allocated for current expenses, Rs 2.95 billion has been spent, which is nearly three times higher than capital expenditure. The Ministry of Physical Infrastructure and Urban Development has spent Rs 1.8 billion out of its Rs 10.73 billion allocation. Budget execution by the Ministry of Water Resources and Energy Development has been particularly weak, with spending of just Rs 205.9 million from an allocated Rs 3.55 billion.

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