Government arrears worth Rs 664 billion to be cleared as per annual report of Office of the Auditor-General

The government's arrears have reached Rs 664.4 billion, according to the annual report of the Office of the Auditor-General.

The arrears remaining until last year was Rs 377.4 billion. The arrears added this fiscal is Rs 418.3 billion. This includes Rs 40.84 billion that was added this year by deducting the arrears amount remaining to be cleared from the last fiscal year, according to the 57th annual report of the Office of the Auditor-General.

Auditor General Tanka Mani Sharma Dangal submitted the report to President Bidya Devi Bhandari amid a function here on Wednesday. Arrears worth Rs 7.4 billion were cleared in the FY, 2075/76, according to the report.

Financial transactions of the total 5,619 bodies have been audited. Arrears worth Rs 71 billion of 110 federal government agencies and 77 district coordination committees were yet to be cleared.

Likewise, 998 state offices are yet to clear arrears worth Rs 8.2 billion. Local levels across the country witnessed arrears of Rs 38.1 billion.