Kathmandu. The government has spent Rs 11.53 trillion in the current fiscal year 2082/83 for the end of 10 months. According to the Office of the Comptroller General of the Auditor General out of the budget of Rs 1.964 trillion brought for the current fiscal year, the government has spent 58.75 budget.
Out of the total budget,the government has spent Rs 809 billion out of the allocated budget of Rs 1.180 trillion.This expenditure is 68.04 percent of the budget allocated under the title .
According to the Office, has spent the highest amount of the budget under the heading . Current expenditure is the expenditure incurred for the day-to-day operations and regular functions of the government. This expense does not create new wealth or provide long-term returns. This usually goes up to 58/62 percent of the total budget.
Similarly, the government has allocated Rs 407 billion for the current fiscal year under the heading of capital and has spent Rs 109 billion .This expenditure is 26.87 percent of the budget } set aside under the heading .
The government has not been able to spend much on the capital side. Capital expenditure is spent on the construction of long-term infrastructure such as roads, bridges, school buildings, hospitals,irrig ation, hydropower, etc. The budget has not been spent on such a heading. Contract ors are facing a shortage of bitumen fuel, especially in the Middle East, due to the tensions in the Middle East. The impact of which has been seen on capital expenditure.
Similarly, the government has allocated Rs 375 billion for financial management and Rs 240 billion has already been spent.This expenditure is 64.16% of the budget allocated under this head. According to the Office of the Comptroller General , the budget allocated by the government for this year for the management of public debt has also been large. This budget under the heading is used to pay the principal and interest of the loans taken by the government.
The government’s income is also not encouraging. The government has set a target of collecting revenue of {{} of revenue.
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