KATHMANDU, Sept 17: The government's budget expenditure stands at 9.17 percent as of mid-September of the current Fiscal Year (FY) 2025/26.
During the first two months of the current FY, 9.67 percent of the budget has been spent on current expenses, 1.56 percent on capital expenses and 15.89 percent on financial management, according to the Office of the Comptroller General.
This year, a total budget of Rs 1.96411 trillion was brought and the budget expenditure was Rs 180.18 million by September 16.
Karnali Province spends only 31pc of budget in 10 months
Out of the budgetary allocation of Rs 1.1809 trillion towards current expenditure, Rs 114.18 billion has been spent so far. Similarly, out of an allocation of Rs 407.88 billion under the capital heading, Rs 6.353 billion has been spent.
The annual allocation under the title of financial management is equivalent to Rs 375.242 billion, of which Rs 59.629 billion has been spent by mid-September.
During this period, the government has collected 10.43 percent of the annual revenue target. For the current FY, the government's target is to collect a total revenue of Rs 1.533 trillion. Of this target, Rs 159.985 billion has been collected so far.
The annual target for revenue collection is Rs 1.325 trillion, of which 11.35 percent or Rs 150.401 billion has been collected. Similarly, the annual target for non-tax revenue collection is Rs 154.416 billion, of which Rs 7.132 billion or 4.62 percent of the target has been collected.
Meanwhile, the government's target for mobilizing foreign grants is Rs 53.446 billion for the current FY, and of this Rs 1.273 billion, or 2.38 percent of the target, has been raised so far.
