16 July 2020, Kathmandu
Finance Minister Dr Yuba Raj Khatiwada has defended the government for satisfactorily implementing the annual budget plan in fiscal year 2019/20 despite the COVID-19 pandemic.
Answering to lawmakers’ queries at the parliamentary Finance Committee today, he said that the economic indicators have been satisfactory by the end of the year.
Minister Khatiwada said the government spent the 71 per cent of the allocated budget in total terming it as a good indicator.
He further stated that the government was also successful in meeting all the targets of the amended budget plan in the previous fiscal year.
According to him, the government spent Rs 1.094 trillion, and collected Rs 841 billion in revenues.
