Parliamentary Panels flag ministries’ budget gaps: Funds cut at RE stage, still unspent
- Posted on May 2, 2026
- By Business News Today
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Parliamentary Panels flag ministries’ budget gaps: Funds cut at RE stage, still unspent
Parliamentary committees have flagged a consistent trend of central ministries failing to spend allocated budgets, leading to significant fund surrenders. Reports highlight poor budgeting and forecasting models across major ministries, including Defence, Petroleum, and Housing, with substantial reductions at the revised estimates stage and low utilization rates.
