Mid-term Review of Budget: Revenue stands at 38 percent, spending at 35 percent
Summary
Government revenue reached 38 percent and spending 35 percent of the annual target by mid-January in the current fiscal year's budget, indicating weak performance.
Key Points
- Government revenue reached 38 percent of the annual target by mid-January.
- Government spending was 35.14 percent of the annual target as of mid-January.
- Capital expenditure has been reduced to 12.12 percent of the annual target.
- The government allocated Rs 1,964 billion 110 million for the current fiscal year budget.
