Audit: RDA: Cumulative deficit surpasses Rs 550 million as of June 30, 2024

The latest audit report from the Road Development Authority (RDA) highlights a concerning financial situation. As of June 30, 2024, the institution's cumulative deficit has reached Rs 550.8 million, compared to Rs 476 million during the same period last year. This increase of nearly Rs 75 million is primarily due to a deficit of Rs 28.5 million recorded during the 2023-2024 fiscal year and a shortfall of Rs 46.9 million related to the revaluation ...