Revenue stands at 38%, spending at 35% in current fiscal year

Kathmandu-Both the revenue and expenditure of the government has appeared weak in the mid-term review of the current fiscal year (FY) budget.

According to the Financial Comptroller General Office (FCGO), the government’s revenue has shrunk to 38 percent and spending to 35 percent against the annual target as of mid-January.

For the current fiscal year, the government had proposed a budget of Rs 1,964 billion 110 million.

By the end of Poush (mid-January), Rs 690 billion 216.4 million has been spent, which comes to 35.14 percent of the annual target.

The budget expenditure under the current headings for the reporting period is 41.25 percent of the annual target.

Out of Rs 1,181 billion allocated for current headings, Rs 487 billion 143.1 million has been spent so far.

The capital expenditure has been reduced to 12.12 percent. For the current fiscal year, recurrent budget of Rs 407 billion 888 million was proposed, but only Rs 494.2 million has been spent so far.

Similarly, under the financial management heading, Rs 375 billion 242 million was allocated for the current fiscal year, and by the mid-January 2026 Rs 153 billion 644.9 million has been spent.

This expenditure constitutes 40.95 percent of the annual allocation for this heading.

This year the government has set a target of generating total revenue of Rs 1533 billion 446.9 million.

As of mid-January this year, the revenue generated was only Rs 588 billion 514.2 million which comes to 38.38 percent of the annual target.