Government Mobilizes Rs. 85.19 Billion in First Month; Capital Spending Barely Moves
Summary
The government mobilized Rs. 85.19 billion in revenue and spent Rs. 46.30 billion during the first month of fiscal year 2082/83, with capital spending remaining minimal.
Key Points
- The government recorded revenue of Rs. 85.19 billion during the first month of fiscal year 2082/83.
- Tax receipts amounted to more than Rs. 80.67 billion, contributing 6.09% of the annual target.
- Expenditure totaled Rs. 46.30 billion, including Rs. 18.47 billion in recurrent costs.
- Capital spending was only Rs. 726 million, 0.18% of the allocated Rs. 407.88 billion.
