Around 60% of current FY budget spent in 10 months, capital spending still weak
▸ Part of: Nepal's Government Spends Nearly 60% of Budget, Capital Expenditure Trails at 28%
The government has spent approximately 60 percent of its total budget in the first ten months of the current fiscal year, with recurrent expenditure reaching 68.98 percent and capital expenditure remaining weak at 27.91 percent. The government has collected about 66 percent of its annual revenue target, with tax revenue collection at 66.69 percent. Foreign grants remain weak, with only 33.28 percent of the annual target achieved.
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