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Started 3 weeks ago · Updated 1 week ago

Nepal's Government Spends Nearly 60% of Budget, Capital Expenditure Trails at 28%

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The Nepali government has spent approximately 59.75% of its total budget in the first ten months of the current fiscal year, amounting to Rs 1.173 trillion. However, capital expenditure remains significantly low, with only 27.91% of the allocated budget utilized. Revenue collection has reached 66% of the annual target, while foreign aid inflow is at 33.28%.

• Recurrent expenditure has reached 68.98% of its allocated budget, totaling Rs 814.65 billion.
• Capital expenditure, crucial for development projects, has only seen Rs 113.84 billion spent out of a Rs 407.88 billion allocation.
• Financial management expenditure stands at 65.30% of the allocated budget.
• The government has collected Rs 1.012 trillion in revenue against a target of Rs 1.533 trillion.
• Foreign aid received so far is Rs 17.78 billion against a target of Rs 53.44 billion.