Development spending reaches only 19% in eight months
Summary
The federal government has spent only about 19 percent of its capital budget in the first eight months of the fiscal year, highlighting weak development expenditure.
Key Points
- The government spent 19.24 percent of its capital budget by mid-March.
- Total budget for the fiscal year is Rs 1.964 trillion, with Rs 926.58 billion spent so far.
- Under current expenditure, 54.37 percent of the allocated budget is spent.
- Revenue collection reached 49.89 percent of the annual target by mid-March.
