11 percent capital expenditure, 28 percent revenue collection in five months

Poush 1, 2081

Kantipur Reporter

11 percent capital expenditure, 28 percent revenue collection in five months

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In the first five months of the current financial year 2081/82, both income and expenditure of the government have been weak. According to the office of the Comptroller General, the government has raised 28 percent of the annual target revenue and spent about 30 percent of the budget by the end of November.

  According to the statistics of the

office, the development expenditure of the government is weak. For the current financial year, 3.52 billion 35.4 million rupees have been allocated under the capital title, so far only 11.58 percent i.e. 40.80 billion 6 million rupees has been spent.

Current headline spending up to mid-November is 31.87 percent . This year, 11 trillion 40 billion 664 billion 45 million rupees have been allocated under the current title, so far 3 trillion 63 billion 55 million 14 million rupees have been spent.

Likewise, 41.32 percent of the budget allocated under the heading of financial arrangements has been spent. Three trillion 67 billion 28 billion 45 million rupiah was allocated for the current financial year under the title of financial arrangement, which is mainly used to pay the principal and interest of the public debt. One trillion 51 billion 76 billion 57 lakh rupees have been spent on this title so far.

By the end of November, 27.57 percent of the annual target, i.e. four billion five billion 773 million rupees, has been collected. For the current financial year, the government has set a target of raising revenue of 14 trillion 71 billion 62 billion 95 million rupees.

Similarly, the government, which aims to receive 52.32 billion 65 million foreign subsidies this year, does not seem to have received any subsidies so far.

Kantipur

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