80 Percent Spending in the Last Fiscal Year

In the fiscal year 2080/81, the government managed to spend only 80.45 percent of its budget. According to the Office of the Comptroller General, out of the total budget of NPR 1,751.31 billion, NPR 1,408.98 billion was spent. The recurrent expenditure stood at 83.43 percent, while capital expenditure was limited to 63.47 percent.

Key Statistics:

1. Total Budget: NPR 1,751.31 billion

2. Expenditure: NPR 1,408.98 billion (80.45%)

3. Recurrent Expenditure: NPR 1,141.78 billion with 83.43% spent

4. Capital Expenditure: NPR 302 billion with 63.47% spent

5. Public Debt Repayment and Investment: NPR 307.45 billion with 86.07% spent

Revenue Collection:

1. Target: NPR 1,422 billion

2. Collected Revenue: NPR 1,030.34 billion

3. Grants: Only NPR 2.75 billion out of the estimated NPR 49.94 billion

4. Total Income: NPR 1,056 billion

5. Income-Expenditure Gap: NPR 352.32 billion

New Fiscal Year 2081/82:

1. Total Budget: NPR 1,860 billion

2. Development Budget: NPR 352 billion

3. Recurrent Expenditure: NPR 1,140 billion

4. Financial Arrangements: NPR 367 billion

The new fiscal year has begun, and the new government will continue to implement the old budget. This will sustain economic activities and strive to achieve financial targets in the coming days.