Rs 1.916 bln budget allocated to Panchthar
The local levels will be extended grants under fiscalequalisation principle and as conditional financing.
District headquarters Phidim Municipality has beenallocated Rs 43.2 million, the largest amount to be received in grant among allthe local levels.
Similarly, among the rural municipalities, Miklajong RuralMunicipality has been allocated Rs 27.9 million in funds while the least amounthas been separated for Tumbewa Rural Munciipality (Rs 15.45 million).
Meanwhile, Phalelung Rural Municipality has been allocatedRs 21.45 million, Phalgunanda Rural Municipality Rs 23.79 million, KummayakRural Municipality 16.88 million, Hilihang Rural Municipality Rs 22.93 million,and Yangwarak Rural Municipality Rs 19.3 million.
This year’s budget for the Panchthar district has decreasedin comparison to the last fiscal. In FY 2017/18, Phidim Municipality wasallocated Rs 49 million whereas it has decreased by Rs 5.8 million this year.Similarly budget for other rural municipalities have decreased in average.
In the fiscal year 2017/18, all the local levels ofPanchthar district were collectively allocated with Rs 2.1 billion.
Source:The Himalayan Times, 31st May 2018
f3gh54ehyx|0030F7E8Contents|Long_Description
f3gh54ehyxidval|308
f3gh54ehy8|0030F7E86B7E|Contents|Long_Description|2763C807-F014-44C8-B901-389ACE79E782