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ECONOMY

Govt yet to get over Rs 100 billion in reimbursements from development partners

KATHMANDU, August 20: The government is yet to get over Rs 100 billion in reimbursement, from its development partners for the spending made on various donor-funded projects and programs.
By Republica

KATHMANDU, August 20: The government is yet to get over Rs 100 billion in reimbursement, from its development partners for the spending made on various donor-funded projects and programs.  


According to the Ministry of Finance (MoF) the donor agencies have not cleared the aforementioned amount of dues even after the deadline has passed.


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Reimbursements refer to the money that development partners transfer to the government coffers after the spending is made in any project or programs that they have financed.  The annual report of the Financial Comptroller General Office shows that the government authorities did not receive reimbursement of Rs 22 billion in the last fiscal year alone.     


Amid delay in obtaining funds for the expenses made on various projects financed by donor agencies, the Prime Minister’s Office has also expressed its concern over the issue. 


Meanwhile, the MoF has issued an 11-point directive for the government agencies concerned to expedite the process to recover the due amount. 

See more on: reimbursement
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