From last July to February, the government has spent 82 billion 336 million rupees on capital expenditure. This is only 23.37 percent of the annual target. In eight months of last year, the government spent 81 billion 21 crores, i.e. 26.89 percent of the annual target.

The capital expenditure till last February is about 58 billion less than the government's monthly target. The government had set a target of capital expenditure of 1 trillion 40 billion rupees by the end of February. This year, the government has allocated 3 trillion 52 billion 354 million rupees towards capital expenditure. 5 trillion 84 billion rupees have been spent in eight months of the current financial year. This is 51.21 percent of the annual target. During the same period last year, current expenditure was 5 trillion 82 billion 10 million, i.e. 50.98 percent of the annual target.

Similarly, the government has collected revenue of Rs. This is 50.75 percent of the government's annual target. However, compared to the same period of last financial year, the revenue has increased by about 13 percent. This year, the government's target was to raise revenue equal to 14 billion 19 billion 33 million. To achieve this goal, the government had to collect revenue equal to 8 trillion 71 billion 90 million rupees by the end of February. However, in the last eight months, the average revenue has been collected only around 10 percent.

According to the monthly target of revenue collection set by the Ministry of Finance, last July 1 trillion 20 billion 51 billion 61 million, in August 92 billion 84 billion 27 million, in October 96 billion 56 billion 92 million, in October 96 billion 44 billion 2 million, in November 88 billion 65 billion, in January 1 trillion 77 billion 78 million, in January 97 billion 63 billion 81 million and in February 95 billion 35 billion 94 lakhs of revenue had to be collected. However, the revenue collected in all months is below the monthly target. Although revenue collection is on the way to improvement, the Ministry of Finance official admits that the target has not been met.

They say it is impossible to meet revenue collection targets with normal performance. Due to the increased leakages in the tax administration and lax control, there has been a decrease in compliance with the tax laws, so the revenue has not increased as per the target. "The main thing is the lack of government management, the reduction in revenue administrative capacity, and increasing leakage," said the source. This year, the government has set a revenue collection target of more than 30 percent. Experts argue that this is challenging in itself.

Until last February, the government has paid 1 trillion 82 billion 89 billion 22 million only in the payment of principal of government debt and investment in government institutions (financial arrangements). This year, 47.07 percent of the budget allocated under the heading of financial arrangements has been spent. Under the heading of financial arrangements, the government allocated 3 trillion 67 billion 284 million 45 million for the current financial year.

In the last eight months, the government has received 9 billion 16 billion 25 million rupees in foreign grants. This is 17.91 percent of the annual target. In the eight months of this year, the income and expenditure of the government is about 1 trillion government deficit. During that period, the government has spent 8 trillion 39 billion 356 million rupees while earning 7 trillion 38 billion 82 billion 13 million rupees.

The government reduced the current budget by 1 trillion 67 billion after it was determined that the income and expenditure targets would not be met. Out of the 18 trillion 60 billion budget allocated, 16 trillion 92 billion has been maintained after the half-yearly review. Finance Minister Bishnu Paudel has revised the budget by showing reasons such as the budget presented by the then Finance Minister Varshman Pune, many programs were included for which resources were not guaranteed, projects were selected across Hachuwa, thousands of projects were also kept at the center. The current budget is only 90.99 percent of the total amount allocated at the beginning. Although there is no expected improvement in the main sources of foreign exchange earnings including exports, tourism, foreign investment, the record has been set in the external sector of the economy due to continuous increase in remittances.

Foreign exchange reserves have been setting new records for 30 consecutive months, while current account balances and current account balances have also strengthened. According to the economic and financial report released by the National Bank on Monday, remittances of Rs 9.58 billion have been received in seven months. This is an increase of 7.3 percent compared to the same period last financial year. Although the money earned abroad continues to enter Nepal, the economy has not been able to pick up speed due to the failure to improve government income and expenditure. Economists have said that the continuously increasing remittances are not even being used in Nepal. Nar Bahadur Thapa, an economist and former executive director of Nepal Rashtra Bank, said that although indicators such as foreign exchange reserves, remittances, and remittances are continuously strong, the indicators of the overall economy are not satisfactory. The government through internal debt and the National Bank through liquidity management are drawing money from the market. Revenue collection is not good," he said. "Despite the marginal increase in credit from banks and financial institutions to the private sector, the total internal credit expanded during that period is less than last year. This indicates that the economy is shrinking now compared to last year.