Sunday, June 16, 2019

Provincial budgets follow wrong precedent of federal budget, distribute budget to parliamentarians

Following the wrong precedents of the federal government, the provincial governments distributed the budget to parliamentarians, in one name or the other, which is a gross misuse of the public tax money. 
Unveiling their third budget – though practically second one as provincial election was not completed then – nearly three weeks after the Federal Budget 2019-20, the seven provinces, however, claimed that they have focused on infrastructure including including cable car, monorail and tunnel roads, and social development.
The provincial governments tabled a total budget of Rs 2. 596 trillion. The provincial budget has increased by 25.55 per cent compared to last fiscal year’s budget. Province 3 has tabled the highest budget of Rs 47.50 billion, whereas Far West Province has tabled the lowest at Rs 28.16 billion.

Province 1
Province 1 Minister for Economic Affairs and Planning Indra Angbo tabled a budget of Rs 42.20 billion. “Of the budget, Rs 18.54 billion is allocated for recurrent expenditure and Rs 23.57 billion for capital expenditure,” he said, adding that education sector will receive Rs 1.28 billion, drinking water and sanitation Rs 3 billion, and irrigation will get Rs 3.2 billion.

Province 2
Province 2 government presented a budget of Rs 38.72 billion. “Out of the total budget, Rs 19.11 billion was allocated for recurrent expenditure, whereas Rs 19.26 billion is for capital expenditure,” the Province 2 government said adding that the government has announced Rs 30 million for each constituency in accordance with the Constituency Infrastructure Development Special Programme. “The budget has also focused on agriculture, education and health.”

Province 3
Province 3 Minister for Economic Affairs and Planning Kailash Prasad Dhungel announced a budget of Rs 47.6 billion for the next fiscal year. “The budget has allocated Rs 24.46 billion for recurrent expenditure and Rs 22.03 billion for capital expenditure,” he said, adding that the budget will focus on developing infrastructure including ring roads and tunnels across several parts of the Province, tourism development, agro-sector modernisation, and community farming.

Gandaki Province
Gandaki Province Minister for Economic Affairs Kiran Gurung tabled a budget of Rs 32 billion. “Of the total budget Rs 12.28 billion as been allocated for recurrent expenditure and Rs 19.85 billion for capital expenditure,” he said, adding that the government has focused on programmes and policies announced from the last fiscal. “Additionally, it has allocated ample funds for the construction of ‘national pride projects’ within the province.”

Province 5
Province 5 Chief Minister and Economic Affairs and Planning Minister Shankhar Pokharel announced the budget of Rs 36.41 billion for the next fiscal year. “Rs 13.45 billion has been allocated for recurrent expenses and Rs 18.57 billion for capital expenditure,” he said, adding that the budget has given top priority to infrastructure and tourism development, agriculture sector commercialisation and mobilising the sector to eliminate unemployment, and completion of Gautam Buddha International Airport.

Karnali Province
Karnali Province Minister for Economic Affairs Prakash Jwala unveiled a budget of Rs 34.35 billion. “The budget has allocated Rs 13.05 billion for recurrent expenses and Rs 21.29 billion for capital expenditure,” he said, adding that the Karnali Province government has prioritized agriculture, infrastructure and tourism sectors, setting up the Karnali Infrastructure Development Authority as part of the budget allocation of Rs 1.2 billion for the infrastructure sector.

Sudurpaschim Province
Sudurpaschim Province Minister for Economic Affairs Jhapat Bahadur Bohara tabled a budget of Rs 28.16 billion today. “The budget has allocated Rs 12.57 billion as recurrent expenditure and Rs 13.06 billion as capital expenditure,” he said, adding that the government has prioritised agriculture, drinking water, energy, irrigation, infrastructure and roads. “The budget has also focused on promotion of a model agriculture village with Rs 5 million budget for every local unit.”

2 comments:

Madhu said...

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