Rs 180 billion arrears in 2067-068 fiscal year

KATHMANDU, APR 12: 

The Office of the Auditor General has submitted its annual report including the auditing of 4,614 government offices, organised institutions and agencies for the Fiscal Year 2067/068BS to the President.

Acting Auditor General at the Office of the Auditor General, Khem Prasad Dahal submitted the 29th report of the Office showing arrears worth Rs 180 billion in the fiscal year 067/068BS.

Receiving the report, President Dr Yadav said the Office of the Auditor's General would contribute to democratic values by maintaining economic discipline.

According to the report, the arrears increased by 10.49 per cent this year as compared to the last fiscal year.

Of the government arrears this year, those in front are the Ministry of Local Development, Ministry of Physical Planning and Works, Education Ministry and the Defense Ministry which account for 72.38 per cent of the arrears.

The Office of the Auditor's General has pointed to the lack of purchase plan, transaction with the institutes without VAT registration and separate dealing while purchasing goods and services behind the growing arrears.

Source: THT