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'content' => '<p style="text-align:justify">October 24: The capital expenditure of the government in the first three months of the current FY has increased compared to the corresponding period of the last FY. According to the statistics of Financial Comptroller General Office (FCGO), the government expenditure on development and long term capital formation has increased by 41 percent till the mid-October of current FY compared to the corresponding period of the last FY. In the current FY, the timely announcement of the budget for FY 2016/17 and decentralisation of the budget spending authority to the concern departments are resulting increase in capital expenditure, said government officials.</p>
<p style="text-align:justify">However, as per the statistics, the total capital expenditure is merely 3.42 percent of the total allocated capital budget of the first quarter. The government has targeted to spend Rs 3,119 billion capital expenditure during the current FY 2073/74. In the allocated capital expenditure, the government has spent only Rs 1,066 billion by the mid-October of the current FY. During the last FY, the government had allocated Rs 209 billion for the capital expenditure in which it had spent Rs 6.50 billion by the mid-October of the last FY.</p>
<p style="text-align:justify">"As the government has increased the budget of capital expenditure by nearly 50 percent in the current FY, the proportionate growth in the expenditure is obvious," opines FCGO. The increase in capital expenditure indicates increase in development projects within the country. According to the allocated capital budget in the current FY, a total of Rs 700 billion should have been spent during the first three months. However, only Rs 10.67 billion has been spent till date. If the same pace of spending continues, the government will have to spend Rs 301 billion per month on capital expenditure in the next 9 months.</p>
<p style="text-align:justify">If the government fails to spend allocated capital budget, it will bring challenges to the economic development of the country. The budget speech mentioned of concluding the task on preset time and cost, maintaining quality of construction and accountability of decision maker and construction entrepreneur engaged in construction on final outcome. However, the statistics indicates that the government has not prioritised capital expenditure.</p>
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<p style="text-align:justify">However, as per the statistics, the total capital expenditure is merely 3.42 percent of the total allocated capital budget of the first quarter. The government has targeted to spend Rs 3,119 billion capital expenditure during the current FY 2073/74. In the allocated capital expenditure, the government has spent only Rs 1,066 billion by the mid-October of the current FY. During the last FY, the government had allocated Rs 209 billion for the capital expenditure in which it had spent Rs 6.50 billion by the mid-October of the last FY.</p>
<p style="text-align:justify">"As the government has increased the budget of capital expenditure by nearly 50 percent in the current FY, the proportionate growth in the expenditure is obvious," opines FCGO. The increase in capital expenditure indicates increase in development projects within the country. According to the allocated capital budget in the current FY, a total of Rs 700 billion should have been spent during the first three months. However, only Rs 10.67 billion has been spent till date. If the same pace of spending continues, the government will have to spend Rs 301 billion per month on capital expenditure in the next 9 months.</p>
<p style="text-align:justify">If the government fails to spend allocated capital budget, it will bring challenges to the economic development of the country. The budget speech mentioned of concluding the task on preset time and cost, maintaining quality of construction and accountability of decision maker and construction entrepreneur engaged in construction on final outcome. However, the statistics indicates that the government has not prioritised capital expenditure.</p>
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<p style="text-align:justify">However, as per the statistics, the total capital expenditure is merely 3.42 percent of the total allocated capital budget of the first quarter. The government has targeted to spend Rs 3,119 billion capital expenditure during the current FY 2073/74. In the allocated capital expenditure, the government has spent only Rs 1,066 billion by the mid-October of the current FY. During the last FY, the government had allocated Rs 209 billion for the capital expenditure in which it had spent Rs 6.50 billion by the mid-October of the last FY.</p>
<p style="text-align:justify">"As the government has increased the budget of capital expenditure by nearly 50 percent in the current FY, the proportionate growth in the expenditure is obvious," opines FCGO. The increase in capital expenditure indicates increase in development projects within the country. According to the allocated capital budget in the current FY, a total of Rs 700 billion should have been spent during the first three months. However, only Rs 10.67 billion has been spent till date. If the same pace of spending continues, the government will have to spend Rs 301 billion per month on capital expenditure in the next 9 months.</p>
<p style="text-align:justify">If the government fails to spend allocated capital budget, it will bring challenges to the economic development of the country. The budget speech mentioned of concluding the task on preset time and cost, maintaining quality of construction and accountability of decision maker and construction entrepreneur engaged in construction on final outcome. However, the statistics indicates that the government has not prioritised capital expenditure.</p>
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<p style="text-align:justify">However, as per the statistics, the total capital expenditure is merely 3.42 percent of the total allocated capital budget of the first quarter. The government has targeted to spend Rs 3,119 billion capital expenditure during the current FY 2073/74. In the allocated capital expenditure, the government has spent only Rs 1,066 billion by the mid-October of the current FY. During the last FY, the government had allocated Rs 209 billion for the capital expenditure in which it had spent Rs 6.50 billion by the mid-October of the last FY.</p>
<p style="text-align:justify">"As the government has increased the budget of capital expenditure by nearly 50 percent in the current FY, the proportionate growth in the expenditure is obvious," opines FCGO. The increase in capital expenditure indicates increase in development projects within the country. According to the allocated capital budget in the current FY, a total of Rs 700 billion should have been spent during the first three months. However, only Rs 10.67 billion has been spent till date. If the same pace of spending continues, the government will have to spend Rs 301 billion per month on capital expenditure in the next 9 months.</p>
<p style="text-align:justify">If the government fails to spend allocated capital budget, it will bring challenges to the economic development of the country. The budget speech mentioned of concluding the task on preset time and cost, maintaining quality of construction and accountability of decision maker and construction entrepreneur engaged in construction on final outcome. However, the statistics indicates that the government has not prioritised capital expenditure.</p>
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<p style="text-align:justify">However, as per the statistics, the total capital expenditure is merely 3.42 percent of the total allocated capital budget of the first quarter. The government has targeted to spend Rs 3,119 billion capital expenditure during the current FY 2073/74. In the allocated capital expenditure, the government has spent only Rs 1,066 billion by the mid-October of the current FY. During the last FY, the government had allocated Rs 209 billion for the capital expenditure in which it had spent Rs 6.50 billion by the mid-October of the last FY.</p>
<p style="text-align:justify">"As the government has increased the budget of capital expenditure by nearly 50 percent in the current FY, the proportionate growth in the expenditure is obvious," opines FCGO. The increase in capital expenditure indicates increase in development projects within the country. According to the allocated capital budget in the current FY, a total of Rs 700 billion should have been spent during the first three months. However, only Rs 10.67 billion has been spent till date. If the same pace of spending continues, the government will have to spend Rs 301 billion per month on capital expenditure in the next 9 months.</p>
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<p style="text-align:justify">However, as per the statistics, the total capital expenditure is merely 3.42 percent of the total allocated capital budget of the first quarter. The government has targeted to spend Rs 3,119 billion capital expenditure during the current FY 2073/74. In the allocated capital expenditure, the government has spent only Rs 1,066 billion by the mid-October of the current FY. During the last FY, the government had allocated Rs 209 billion for the capital expenditure in which it had spent Rs 6.50 billion by the mid-October of the last FY.</p>
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October 24: The capital expenditure of the government in the first three months of the current FY has increased compared to the corresponding period of the last FY. According to the statistics of Financial Comptroller General Office (FCGO), the government expenditure on development and long term capital formation has increased by 41 percent till the mid-October of current FY compared to the corresponding period of the last FY. In the current FY, the timely announcement of the budget for FY 2016/17 and decentralisation of the budget spending authority to the concern departments are resulting increase in capital expenditure, said government officials.
However, as per the statistics, the total capital expenditure is merely 3.42 percent of the total allocated capital budget of the first quarter. The government has targeted to spend Rs 3,119 billion capital expenditure during the current FY 2073/74. In the allocated capital expenditure, the government has spent only Rs 1,066 billion by the mid-October of the current FY. During the last FY, the government had allocated Rs 209 billion for the capital expenditure in which it had spent Rs 6.50 billion by the mid-October of the last FY.
"As the government has increased the budget of capital expenditure by nearly 50 percent in the current FY, the proportionate growth in the expenditure is obvious," opines FCGO. The increase in capital expenditure indicates increase in development projects within the country. According to the allocated capital budget in the current FY, a total of Rs 700 billion should have been spent during the first three months. However, only Rs 10.67 billion has been spent till date. If the same pace of spending continues, the government will have to spend Rs 301 billion per month on capital expenditure in the next 9 months.
If the government fails to spend allocated capital budget, it will bring challenges to the economic development of the country. The budget speech mentioned of concluding the task on preset time and cost, maintaining quality of construction and accountability of decision maker and construction entrepreneur engaged in construction on final outcome. However, the statistics indicates that the government has not prioritised capital expenditure.
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'content' => '<p style="text-align:justify">October 24: The capital expenditure of the government in the first three months of the current FY has increased compared to the corresponding period of the last FY. According to the statistics of Financial Comptroller General Office (FCGO), the government expenditure on development and long term capital formation has increased by 41 percent till the mid-October of current FY compared to the corresponding period of the last FY. In the current FY, the timely announcement of the budget for FY 2016/17 and decentralisation of the budget spending authority to the concern departments are resulting increase in capital expenditure, said government officials.</p>
<p style="text-align:justify">However, as per the statistics, the total capital expenditure is merely 3.42 percent of the total allocated capital budget of the first quarter. The government has targeted to spend Rs 3,119 billion capital expenditure during the current FY 2073/74. In the allocated capital expenditure, the government has spent only Rs 1,066 billion by the mid-October of the current FY. During the last FY, the government had allocated Rs 209 billion for the capital expenditure in which it had spent Rs 6.50 billion by the mid-October of the last FY.</p>
<p style="text-align:justify">"As the government has increased the budget of capital expenditure by nearly 50 percent in the current FY, the proportionate growth in the expenditure is obvious," opines FCGO. The increase in capital expenditure indicates increase in development projects within the country. According to the allocated capital budget in the current FY, a total of Rs 700 billion should have been spent during the first three months. However, only Rs 10.67 billion has been spent till date. If the same pace of spending continues, the government will have to spend Rs 301 billion per month on capital expenditure in the next 9 months.</p>
<p style="text-align:justify">If the government fails to spend allocated capital budget, it will bring challenges to the economic development of the country. The budget speech mentioned of concluding the task on preset time and cost, maintaining quality of construction and accountability of decision maker and construction entrepreneur engaged in construction on final outcome. However, the statistics indicates that the government has not prioritised capital expenditure.</p>
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'content' => '<p style="text-align:justify">October 24: The capital expenditure of the government in the first three months of the current FY has increased compared to the corresponding period of the last FY. According to the statistics of Financial Comptroller General Office (FCGO), the government expenditure on development and long term capital formation has increased by 41 percent till the mid-October of current FY compared to the corresponding period of the last FY. In the current FY, the timely announcement of the budget for FY 2016/17 and decentralisation of the budget spending authority to the concern departments are resulting increase in capital expenditure, said government officials.</p>
<p style="text-align:justify">However, as per the statistics, the total capital expenditure is merely 3.42 percent of the total allocated capital budget of the first quarter. The government has targeted to spend Rs 3,119 billion capital expenditure during the current FY 2073/74. In the allocated capital expenditure, the government has spent only Rs 1,066 billion by the mid-October of the current FY. During the last FY, the government had allocated Rs 209 billion for the capital expenditure in which it had spent Rs 6.50 billion by the mid-October of the last FY.</p>
<p style="text-align:justify">"As the government has increased the budget of capital expenditure by nearly 50 percent in the current FY, the proportionate growth in the expenditure is obvious," opines FCGO. The increase in capital expenditure indicates increase in development projects within the country. According to the allocated capital budget in the current FY, a total of Rs 700 billion should have been spent during the first three months. However, only Rs 10.67 billion has been spent till date. If the same pace of spending continues, the government will have to spend Rs 301 billion per month on capital expenditure in the next 9 months.</p>
<p style="text-align:justify">If the government fails to spend allocated capital budget, it will bring challenges to the economic development of the country. The budget speech mentioned of concluding the task on preset time and cost, maintaining quality of construction and accountability of decision maker and construction entrepreneur engaged in construction on final outcome. However, the statistics indicates that the government has not prioritised capital expenditure.</p>
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<p style="text-align:justify">However, as per the statistics, the total capital expenditure is merely 3.42 percent of the total allocated capital budget of the first quarter. The government has targeted to spend Rs 3,119 billion capital expenditure during the current FY 2073/74. In the allocated capital expenditure, the government has spent only Rs 1,066 billion by the mid-October of the current FY. During the last FY, the government had allocated Rs 209 billion for the capital expenditure in which it had spent Rs 6.50 billion by the mid-October of the last FY.</p>
<p style="text-align:justify">"As the government has increased the budget of capital expenditure by nearly 50 percent in the current FY, the proportionate growth in the expenditure is obvious," opines FCGO. The increase in capital expenditure indicates increase in development projects within the country. According to the allocated capital budget in the current FY, a total of Rs 700 billion should have been spent during the first three months. However, only Rs 10.67 billion has been spent till date. If the same pace of spending continues, the government will have to spend Rs 301 billion per month on capital expenditure in the next 9 months.</p>
<p style="text-align:justify">If the government fails to spend allocated capital budget, it will bring challenges to the economic development of the country. The budget speech mentioned of concluding the task on preset time and cost, maintaining quality of construction and accountability of decision maker and construction entrepreneur engaged in construction on final outcome. However, the statistics indicates that the government has not prioritised capital expenditure.</p>
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<p style="text-align:justify">However, as per the statistics, the total capital expenditure is merely 3.42 percent of the total allocated capital budget of the first quarter. The government has targeted to spend Rs 3,119 billion capital expenditure during the current FY 2073/74. In the allocated capital expenditure, the government has spent only Rs 1,066 billion by the mid-October of the current FY. During the last FY, the government had allocated Rs 209 billion for the capital expenditure in which it had spent Rs 6.50 billion by the mid-October of the last FY.</p>
<p style="text-align:justify">"As the government has increased the budget of capital expenditure by nearly 50 percent in the current FY, the proportionate growth in the expenditure is obvious," opines FCGO. The increase in capital expenditure indicates increase in development projects within the country. According to the allocated capital budget in the current FY, a total of Rs 700 billion should have been spent during the first three months. However, only Rs 10.67 billion has been spent till date. If the same pace of spending continues, the government will have to spend Rs 301 billion per month on capital expenditure in the next 9 months.</p>
<p style="text-align:justify">If the government fails to spend allocated capital budget, it will bring challenges to the economic development of the country. The budget speech mentioned of concluding the task on preset time and cost, maintaining quality of construction and accountability of decision maker and construction entrepreneur engaged in construction on final outcome. However, the statistics indicates that the government has not prioritised capital expenditure.</p>
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<p style="text-align:justify">However, as per the statistics, the total capital expenditure is merely 3.42 percent of the total allocated capital budget of the first quarter. The government has targeted to spend Rs 3,119 billion capital expenditure during the current FY 2073/74. In the allocated capital expenditure, the government has spent only Rs 1,066 billion by the mid-October of the current FY. During the last FY, the government had allocated Rs 209 billion for the capital expenditure in which it had spent Rs 6.50 billion by the mid-October of the last FY.</p>
<p style="text-align:justify">"As the government has increased the budget of capital expenditure by nearly 50 percent in the current FY, the proportionate growth in the expenditure is obvious," opines FCGO. The increase in capital expenditure indicates increase in development projects within the country. According to the allocated capital budget in the current FY, a total of Rs 700 billion should have been spent during the first three months. However, only Rs 10.67 billion has been spent till date. If the same pace of spending continues, the government will have to spend Rs 301 billion per month on capital expenditure in the next 9 months.</p>
<p style="text-align:justify">If the government fails to spend allocated capital budget, it will bring challenges to the economic development of the country. The budget speech mentioned of concluding the task on preset time and cost, maintaining quality of construction and accountability of decision maker and construction entrepreneur engaged in construction on final outcome. However, the statistics indicates that the government has not prioritised capital expenditure.</p>
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