Optimistic budget

The Himalayan Times

1 June 2017

Optimistic budget

It seems that the 2017/18 budget of Rs. 1,278.99 billion presented by the care taker government is too high considering the low spending capacity of the government machinery. In the last 10 and half months, government has been able to spend only 52 per cent of its 2016/17 budget. However, it has increased its next year’s budget by 21.9 percent higher than this year’s budget keeping in mind the federal set up of the country in line with the new constitution “Budget priorities federal structure” (THT, May 30, Page 1). The government deserves appreciation for its commitment to implement the new constitution by allocating necessary budget for the rural, provincial and central level of governments. The only concern of this huge amount of budget is whether the nation will be able to afford at a time when it has to fully depend on its internal revenue to be collected from different kinds of taxes and donors contribution.

Looking at the budget, the government has allocated enough finds for 21 national pride projects and top priority projects considering their economical importance. More focus has been given on the post earthquake reconstruction programme, rural network expansion, development of energy sector and entrepreneurship development programmes. Budgets have been allocated accordingly for the construction of Kathmandu-Tarai Fast Track, Budhigandaki Hydropower project, postal highways and other ongoing high priority projects. These projects and programmes will directly contribute towards boosting the national economy.

Likewise, budgets for holding two tiers of elections have been allocated accordingly indicating government’s sincere commitment of implantation of new constitution by 21 January 2018. The only concern is now that whether the ruling parties and opposition led by the UML will be able to bring RJPN on board.

Rai Biren Bangdel

Maharajgunj, Kathmandu

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Who is he?

Biren P. Bangdel (also known as Rai Biren Bangdel ) is a development management consultant, project analyst, and citizen journalist based in Kathmandu, Nepal . Professional Profile & Background: Project Executive : He has served as an Executive Director and consultant for organizations like Om Ganeshaya Namah Pvt. Ltd. and Merryknoll Nepal (Asha Deep). He also served as a Campus Director in Weigan and Leigh College .He was Deputy Project Manager in Nepal-Swiss funded Rural Health Development Project and Deputy Team Leader in Nepal-CIDA funded Rural Development Project. Project Expertise : He specializes in managing and monitoring multi-million rupee rural development, healthcare, and educational administration projects across Nepal. His core career history spans executive roles within international non-governmental organizations, bilateral foreign aid bilateral projects , and private management enterprises. Media & Commentary : He is an active blogger, online commen...

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