Development spending shrinks to 29pc in third quarter – The Himalayan Times – Nepal’s No.1 English Daily Newspaper

KATHMANDU, APRIL 14

The government’s development expenditure has remained sluggish, reaching only 29.2 percent of the annual target by the third quarter of the current fiscal year 2024/25.

According to the Financial Comptroller General Office (FCGO), capital expenditure stood at Rs 102.9…