Kathmandu: The development expenditure has shrunk to 29 per cent until the third quarter of the current fiscal year 2024/25.
According to National News Agency Nepal, the data from the Financial Comptroller General Office reveals that the capital expenditure of the government as of April 12, 2025, is only Rs 102.9 billion. The government had allocated Rs 352.35 billion under the capital heading for the current fiscal year, which means the capital expenditure so far is merely 29.2 per cent of the annual allocation.
Furthermore, the overall budget expenditure during this period has been relatively low. As compared to the annual allocation, 53.67 per cent of the budget has been spent till April 13. The government had presented a budget of Rs 1 trillion 860 billion and 30 million for the current fiscal year, with Rs 998.50 billion spent by April 13. Additionally, out of Rs 1 trillion 140 billion and 66 million allocated under the current head, 59.45 per cent or Rs 678.06 billion has been expended, as per the Financial Comptroller General’s Office.
The expenditure under the financial management heading is 59.23 per cent till April 13. For the current fiscal year, Rs 367.28 billion was allocated under this heading, with 59.23 per cent of the annual allocation already spent.
The revenue collection during this period has also been weak. Out of the total revenue collection target of Rs 1 trillion 419 billion and 30 million, only Rs 821.67 billion has been collected in revenue till April 11, which is equivalent to 57.89 per cent of the annual target. Similarly, only Rs 14.26 billion in foreign grants, representing 27.27 per cent of the annual target, has been collected so far against the target of collecting Rs 52.32 billion in foreign grants this year.