TIOL-DDT 2001 · Wednesday, 12 December 2012 · story 3 of 3

Don't Spend All Your money in March

DURING March, you will find a mad rush for spending money in Government offices. They are stingy throughout the year and spend all their money in March in buying all kinds of useless things. Last year's carpets are peeled off, chairs and tables are thrown out, new air coolers and air-conditioners are bought - because they have to exhaust their grants. What they were doing for eleven months is a mystery.

Now, the Government has requested all the Departments to ensure that in March 2013, the expenditure should not be more than 15% of the Budget Estimates and it should not be more than 33% in the last quarter.

MoF Dept of Economic Affairs F. No. 21(I)/PD/2005, Dated: December 05 2012