Consumption Promotion Program News Today

The government's move to divert funds from planned mega projects to those under construction or to meet recurrent liabilities is a short-term solution that will only worsen the problem in the long run.

KATHMANDU, March 28: Amid pressure of scanty financial resources as a result of low revenue collection, the government has cut down heavily the budget allocated for development projects, while transferring allocated budget to running projects and to meet recurrent liabilities.