The country
does not have records of around one sixth of the total budget of last fiscal
year, according to the Office of the Auditor General.
"The
government has no records of some Rs 72 billion technical assistance (TA) of
the last fiscal year," said spokesperson of the Office of the Auditor
General Baburam Gautam.
The budget
for the last fiscal year stood at Rs 404.82 billion. "But Rs 72 billion TA
has not been reported in the auditor general's report, he said, adding that
lack of monitoring of such huge amount will encourage financial indiscipline,
and accountability of the foreign aid.
The National
Planning Commission (NPC) has fixed 20 per cent maximum for the consultancy
service in the total aid, a joint secretary of the NPC Gopi Nath Mainali.
Though the
NPC has asked not to increase consultancy service fee to more than 20 per cent
of the aid, it needs strict monitoring and auditing. "It has to be brought
under the public scrutiny and audited, he said, adding that accountability and
transparency will help boost the effectiveness of the foreign aid.
Recently the
NPC has also asked to use local consultants to stop flow back of of the aid
money in the name of consultant or technical assistance.
"The audit of total
technical assistance by the supreme audit agency in the country will help trace
financial flow, transparency and accountability.
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