Finance Ministry Revises Downward Budget Expenditure Estimates for Current Fiscal Year
Summary
The Ministry of Finance has revised downward the estimated budget expenditure for fiscal year 2082/83 by 14.04 percent in its mid-term evaluation report.
Key Points
- The Ministry of Finance published the mid-term evaluation report for fiscal year 2082/83.
- The government revised the estimated budget expenditure, projecting a 14.04 percent decrease from the original budget.
- The initial budget was NPR 19 kharba 64 arba 11 crore, allocated across recurrent expenditure, capital expenditure, and financial management.
- Revised estimates show recurrent expenditure at 95.34%, capital expenditure at 59.65%, and financial management at 85.02% of the initial budget allocations.
