Budget spending 40 percent, development expenditure 15 percent in last seven months
Summary
The government has spent 40.8% of its annual budget, with development expenditure at 15.6%, and revenue collection reaching 44.5% in the first seven months of the fiscal year 2082/83 BS.
Key Points
- Government revenue reached 44.49% of the annual target in the first seven months of the fiscal year.
- Overall government expenditure was 40.8% of the annual allocation by the end of Magh (February 12).
- Development (capital) expenditure was low at 15.62% of the total capital allocation.
- Foreign aid received accounted for 24.02% of the annual target by the end of Magh.