Koshi Province Government Revenue Hits 6-Year Low
Summary
Koshi Province government recorded its lowest total income in six years during fiscal year 2082/083, with a significant decrease in both revenue and development spending.
Key Points
- Koshi Province government income for fiscal year 2082/083 was the lowest in 6 years, totaling approximately 30.38 billion rupees.
- Internal revenue of the province declined by 19 crore rupees compared to the previous fiscal year.
- The government expenditure in fiscal year 2082/083 was 26.25 billion rupees, below the budget of 36.09 billion rupees.
- Development expenditure has been continuously decreasing over the last four fiscal years, with 12.38 billion rupees spent in 2082/083 against a budget of 17.14 billion rupees.