Check misuse of allocations

The Himalayan Times

3 June 2014

Check misuse of allocations

It has been common practice for the political parties in power to transfer the unspent budget from one heading to another for their petty political purposes towards the end of the fiscal year. This practice has been promoting gross misutilization of state coffers and needs to be immediately stopped. Transferring program budgets to non program headings needs prior approval and transparencies. Every year, the Auditor General’s annual report points out the growing amount of misappropriated budget hitting the state coffers hard. None of the past governments had shown any interest to address these serious issues.

It is encouraging to see the opposition political parties seriously raising this issue in the ongoing house as reported in “Parliament meet adjourned again till tomorrow” (THT, 2 June, Page 1). The NC led government has been blamed for transferring about Rs. 4 billion of the unspent planned budget to non planned headings towards the end of this fiscal year. Spending the budget at the last moment in a hurry also raises questions about the quality of the job done and intention of misusing the budget.

The Finance Ministry has been planning to present the budget for the next fiscal year in the beginning of Asad 2071 with the intention of approving the plan and budget in time so that the implementation can start early. It seems a positive step. There are still a lot of beaurocratic and financial hurdles to get rid of at the centre for the program and budget to get approved. The government should address the opposition’s concern soon to be able to present the budget well in time.

Rai Biren Bangdel

Maharajgunj, Kathmandu

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