In a strategic shift, the Government of Nepal has announced a renewed focus on completing existing infrastructure projects rather than initiating new ones. This policy aims to optimize resource allocation, ensure timely delivery of essential services, and enhance public trust in governmental initiatives.
Policy Shift Towards Project Completion
Prime Minister KP Sharma Oli emphasized that the government’s current priority is to complete ongoing infrastructure projects within the current fiscal year and the term of the existing House of Representatives. This approach includes a comprehensive review of National Pride Projects, assessing their financial requirements, and suspending or canceling projects deemed unfeasible or flawed.
Reassessment and Reprioritization of Projects
The government has resolved to reassess and reprioritize all infrastructure projects, including those introduced by previous administrations. This entails classifying projects based on feasibility and resource availability, with a focus on completing active projects and suspending or scrapping those that are unfeasible or faulty.
Budget Allocation Reflecting New Priorities
In line with this policy shift, the Department of Roads has decided not to introduce any new road construction projects in the upcoming fiscal year 2025/26. The budget will be allocated solely for ongoing and previously approved projects, aiming to streamline efforts and resources.
Expected Outcomes and Public Trust
By focusing on the completion of existing projects, the government anticipates several benefits, including the reduction of additional investments in incomplete projects and the timely delivery of desired outputs. This approach is expected to enhance public trust in governmental initiatives and ensure that infrastructure projects contribute effectively to national development goals.
In conclusion, the Nepalese government’s strategic shift towards completing ongoing infrastructure projects reflects a commitment to efficient resource utilization, timely service delivery, and the strengthening of public confidence in development initiatives.
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