Finance Minister Shankar Prasad Koirala has said development expenditure is going up impressively this year with the timely announcement of annual budget and subsequent approvals of development programs by the government.

At a meeting with Jamie McGoldrick, United Nations Resident Coordinator for Nepal, Koirala expressed the government´s commitment to properly utilize development budget.

Informing McGoldrick about the progress in formulation of Development Cooperation Policy (DCP), Koirala said the government would make the policy flawless by incorporating suggestions from stakeholders, including leaders of different political parties and former ministers.

On the occasion, McGoldrick said UN will support Nepal´s development activities even after the upcoming election.