Govt spends just 15.62% of capital budget in seven months
Summary
The government has spent only 15.62% of its capital budget in the first seven months of fiscal year 2082/83, with overall expenditure at 40.8% and revenue mobilisation lagging at 44.49% of targets.
Key Points
- Government spent 15.62% of capital budget in first seven months of fiscal year 2082/83.
- Overall expenditure reached 40.8% of annual allocation of Rs 1,964 billion by end of Magh.
- Revenue mobilisation at 44.49% of annual target, including 45.21% tax revenue collection.
- Foreign aid receipts are significantly low at 24.02% of annual target, raising concerns about development implementation.