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ECONOMY

Gen-Z movement impact: Audit of 179 offices worth Rs 147.9 billion not completed

According to the 63rd annual report of the Auditor General, the inability to carry out audits was linked to the Gen-Z movement and related incidents that took place on September 8 and 9, during which several offices failed to submit financial records and supporting documents.
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By REPUBLICA

KATHMANDU, May 15 : The Office of the Auditor General has reported that financial audits of 179 government offices and entities could not be completed in fiscal year 2024/25, resulting in unverified expenditures worth Rs 147.90 billion.



According to the 63rd annual report of the Auditor General, the inability to carry out audits was linked to the Gen-Z movement and related incidents that took place on September 8 and 9, during which several offices failed to submit financial records and supporting documents.


As a result, the financial statements of these offices could not be audited within the reporting period.


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Overall, the Auditor General’s Office completed audits of expenditures worth Rs 9.48 trillion during the fiscal year across federal, provincial, and local government bodies as well as other institutions and committees.


This includes audits of 3,047 federal offices, 1,124 provincial offices, and 721 local-level bodies. In addition, 577 committees and 133 other institutions were also audited.


The report notes that while the majority of government entities were covered, the missing audits of 179 offices created a significant gap in financial oversight for the year.


 


 

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