Full text of mid-year review of current FY’s budget
Summary
The Ministry of Finance released the mid-year review of the current fiscal year’s budget, showing 35.14% expenditure of the Rs 1964.11 billion allocation in six months.
Key Points
- The Ministry of Finance released the mid-year review of the fiscal year's budget 2082/83.
- Only 35.14% of the Rs 1964.11 billion budget was spent in the first six months of the fiscal year.
- Financial transfers utilization rose to 41.25%, amounting to Rs 487.14 billion.
- Financial management expenditure, including debt payments, accounted for 40.95% of the budget, down from last year.